Whenever a composite article is exported for which any specific rate has not been provided in the Schedule , the rates of drawback applicable to various constituent materials can be extended to the composite article according to net content of such materials on the basis of a self-declaration to be furnished by the exporter to this effect. In cases of doubt or where there is any information contrary to the declarations, the proper officer of customs shall cause a verification of such declarations.
Liquefied Petroleum Gases (LPG) falling under tariff items 2711 12 00, 2711 13 00 and 2711 19 00 of the said First Schedule
For the purposes of this notification, “Freely convertible currency” means Asutralian Dollars, Austrian Schillings, Baharin Dinars, Belgian Francs, Canadian Dollars, Danish Kroners, Deutsche Marks, European Currency Units (Euros), French Francs, Hongkong Dollars, Italian Lire, Japanese Yen, Kuwaiti Dinars, Malaysian Dollars, Netherlands Guilders, Norwegian Kroners, Pounds Sterling, Singapore Dollars, Swedish Kroners, Swiss Francs and the U.S.A. Dollars
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.24/2005-NT-Customs, dated the 28th March, 2005 [S.O.425(E), dated the 28th March, 2005].
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.23/2005-NT-Customs, dated the 28th March, 2005 [S.O.424 (E) dated the 28th March, 2005], the Board hereby determines for the purposes of said section, relating to imported goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st May, 2005.
The principal notification was published in the Gazette of India vide notification No. 62/94-Customs (N.T.), dated the 21st November, 1994 [S.O. 829(E), dated the 21st November, 1994 ] and last amended vide Notification No. 21/2005-Customs (N.T.), dated 11th March, 2005 [S.O. 306(E), dated 11th March, 2005].
In the CENVAT Credit Rules, 2004, in rule 6, in sub-rule (3), in clause (a), after sub-clause (vii), the following sub- clauses shall be inserted
The principal notification was published in the Gazette of India, Extraordinary, part-II, Section-3, Sub-section (i),vide number G.S.R. 87(E), dated the 5th February,1986 and subsequently amended by notification number 42/89-Customs ( NT ), dated the 30th June,1989, number G.S.R. 31 (E), dated the 25th January, 1993 ), number G.S.R. 99(E), dated the 1st March,1995. number G.S.R. 120 (E), dated the 11th March,1996), number G.S.R. 671 (E), dated the 12th November, 1998 and was last amended by number G.S.R.- GSR 117 ( E ), dated 16th February,2004.
The principal notification no. 63/94-Cus (N.T.) was published in the Gazette of India, Part II, Section 3, Sub-section (ii) vide number S.O. 830(E), dated the 21st November, 1994 and last amended by Notification No. 25/2005-Cus (N.T.) dated 30.03.2005.
The principal rules were published in the Gazette of India Extraordinary Part II, Section III, Sub-Section (i) vide notification No. 30/98-Customs (N.T), dated the 2nd June, 1998 [ G.S.R. 296 (E), dated the 2nd June, 1998] and were last amended vide notification No. 13/2004-Customs (N.T), dated the 3rd February, 2004 [ G.S.R 89 (E), dated the 3rd February, 2004].
