GOVERNMENT OF INDIA
MINISTRTY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, the 25th May, 2015
Notification No. 34/2015-Customs
G.S.R.________(E).- In exercise of the powers conferred by sub-section (1) of
section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being
satisfied that it is necessary in the public interest so to do, hereby makes the
following further amendments in the notification of the Government of India in
the erstwhile Ministry of Finance and Company Affairs (Department of Revenue)
No. 52/2003- Customs, dated the 31th March, 2003, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R 274
(E), dated the 31st March, 2003, namely:-
In the said notification,-
(a) in the opening paragraph,-
(i) in condition (3), in clause (d), in sub-clause (I), for items (i) and (ii),
the following items shall be substituted, namely:-
“(i) in the case of capital goods, such goods are not proved to the satisfaction
of the said officer to have been installed or otherwise used within the unit,
within the period of validity of the Letter of Permission (LoP);
(ii) in the case of goods other than capital goods, such goods as are not proved
to the satisfaction of the said officer to have been used in connection with the
production or packaging of goods for export out of India or cleared for home
consumption within the period of validity of the Letter of Permission (LoP);”;
(ii) for condition (8), the following condition shall be substituted, namely:-
“(8) Subject to the satisfaction of the said officer, duty shall not be leviable
in respect of capital goods, raw material, consumables, spares, goods
manufactured, processed or packaged, and scrap or waste or remnants or rejects
are destroyed within the unit after intimation to Customs authorities or
destroyed outside the unit with permission of Customs authorities:
Provided that this condition shall not apply in case of unit engaged in
manufacture and export of gold, silver, platinum, diamond, precious and semi
precious stones.”;
(b) in paragraph 13, in Explanation, after clause (xiv), the following clause
shall be inserted, namely:-
“ (xv) “Letter of Permission (LoP)” has the same meaning as assigned in Chapter
6 of the Foreign Trade Policy 2015-20 notified by the Government of India in the
Ministry of Commerce and Industry, published in the Gazette of India,
Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification No.
01/2015-2020, dated the 1st April, 2015.”.
(F.No: DGEP/FTP/23/2014-EOU & G&J)
(SANJAY KUMAR)
Under Secretary to the Government of India
Note:- The principal
notification no. 52/2003-Customs, dated the 31st March,
2003 was published in the Gazette of India, Extraordinary, Part –II, Section 3,
sub-section (i) vide number G.S.R 274 (E), dated the 31st March, 2003, and last
amended by
notification No. 33/2015-Customs, dated the 15th May, 2015, published
vide number G.S.R 387 (E) dated the 15th May, 2015.
|