In pursuance of rule 3, read with rule 4 of the Customs and Central Excise Duties Drawback Rules, 1995, the Central Government, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.36/2005-CUSTOMS (N.T.), dated the 2nd May, 2005 (hereinafter referred to as the said notification), namely.
The Principal notification was published in the Gazette of India, Extraordinary, vide notification no.36/2001 – Cus (N.T.), dated, the 3rd August, 2001 [S.O.748 (E), dated, the 3rd August, 2001] and was last amended vide Notification no.70/2005-Cus (N.T), dated, the 29th July, 2005 [S.O.1077 (E), dated, the 29th July, 2005].
The Principal Regulation was published in Part II, Section 3, Sub-section (i), of the the Gazette of India Extraordinary, vide Notification No. 419/F. No. 450/85/75-Cus. IV dated 23rd October, 1976 [G.S.R. 1548] and were last amended vide Notification No. 219/F. No. 450/68/77-Cus.IV dated 22nd October, 1977 [G.S.R. 1419].
The Principal Regulation was published in Part II, Section 3, Sub-section (i), of the the Gazette of India Extraordinary, vide Notification No. 421/F. No. 450/85/75-Cus.IV dated 23.10.1976 [G.S.R. 1550], and were last amended vide Notification No. 221/F.No.450/68/7Cus.IV dated 22.10.1977 [G.S.R. 1421].
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.68/2005-NT-Customs, dated the 26th July, 2005 [S.O.1052(E), dated the 26th July, 2005], the Board hereby determines for the purposes of said section relating to export 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 September, 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.67/2005-NT-Customs, dated the 26th July, 2005 [S.O.1051 (E) dated the 26th July, 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 September, 2005.
Now, therefore, in exercise of the powers conferred by section 11C of the said Act, the Central Government hereby directs that the duty of excise leviable under the said Act on such Newsprint, in reels, but for the said practice, shall not be required to be paid in respect of such “Newsprint, in reels” on which the said duty of excise was not being levied during the aforesaid period in accordance with the said practice
In exercise of the powers conferred by clause (a) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. 61/94-Customs (N.T.), dated the 21st November, 1994, namely.
In exercise of the powers conferred by sub-section (2) of Section 14 of the Customs Act, 1962, (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.36/2001-Cus (N.T.), dated, the 3rd August 2001, namely.
In exercise of the powers conferred by sub-clause (iii) of clause(c) of Section 28E of the Customs Act, 1962 (52 of 1962), THE Central Government hereby specifies a resident as an applicant, who proposes to import any goods from Republic of Singapore under Comprehensive Economic Cooperation Agreement between Republic of India and Republic of Singapore dated 29th June 2005.
