GOVERNMENT OF INDIA
MINISTRY OF FINANCE DEPARTMENT OF REVENUE
New Delhi, the 2nd March 2007
11 Phalguna, 1928 (Saka)
Notification No.36/2007-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, on 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 Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the
1st March, 2002 which was published in the Gazette of India, Extraordinary, vide
G.S.R.118 (E) of the same date, namely:
In the said notification,
- in the proviso, in clause (i), for the words, letters and figures “the 1st
day of April, 2007”, the words, letters and figures “the 1st day of October,
2007” shall be substituted;
- in the Table, for S.No.77A and the entries relating thereto, the following S.No.
and entries shall be substituted, namely:
| (1) |
(2) |
(3) |
(4) |
(5) |
(6) |
| 77A |
2711 11 00 |
The following goods, namely:
- Liquefied natural gas imported by,
- Ratnagiri Gas and Power Private Limited for the purpose of generation of
power at their power project at Dabhol, District Ratnagiri (Maharashtra); or
- any other importer for supply under an agreement to Ratnagiri Gas and Power
Private Limited for the purpose of generation of power at their power project at
Dabhol, District Ratnagiri (Maharashtra)
- Liquefied natural gas imported for the
purpose of generating power, by any other Liquefied Natural Gas
Mega Power Project, which
- is established with an installed power generation capacity of 2000 MW or
more, with integrated Liquefied Natural Gas re-gasification facility;
- became defunct and is subsequently restructured and revived through a
Special Purpose Vehicle in the nature of a project company owned by the Public
Sector Undertakings as per a restructuring and revival proposal approved by the
Central Government; and
- supplies the power generated in such project to any State Electricity
Board under a Power Purchase Agreement
|
Nil
Nil
Nil
|
-
-
-
|
-
103
-;
|
- in the ANNEXURE, after condition No.102 and the entries relating thereto,
the following condition and entries shall be inserted, namely:-
| Condition No. |
Conditions |
| 103. |
- Importer shall-
- furnish an undertaking to the Assistant Commissioner of Customs or Deputy
Commissioner of Customs, as the case may be, to pay the duty leviable on
liquefied natural gas (hereinafter referred to as LNG) imported in case he fails
to produce within 3 months from the date of import a receipt from Ratnagiri Gas
and Power Private Limited (hereinafter referred to as RGPPL) for having received
the LNG so imported;
- furnish a copy of the undertaking given by RGPPL [as per clause b (vi)
given below] to the jurisdictional Assistant Commissioner of Central Excise or
Deputy Commissioner of Central Excise, along with a copy of agreement under
which he intends to import and supply LNG to RGPPL;
- pay the full customs duty along with interest at the rate of 13% from the
date of import till the date of payment on LNG imported and not so supplied to
RGPPL;
- Ratnagiri Gas and Power Private Limited shall-
- register with the Assistant Commissioner of Central Excise or Deputy
Commissioner of Central Excise having jurisdiction over their plant as if they
were manufacturers of excisable goods;
- furnish a copy of the agreement signed with the importer for import and
supply of LNG;
- undertake to maintain account for receipt of LNG, imported and supplied by
the said importer, and consumption of the same for use in the generation of
power at their Dabhol plant;
- furnish a copy of the bill of entry for LNG imported for supply to them;
- submit a quarterly statement indicating opening stock, receipt of the
imported LNG, consumption, closing stock and quantity not used for intended
purpose, if any, value and customs duty payable;
- furnish
an undertaking to the jurisdictional Assistant Commissioner of Central
Excise or Deputy Commissioner of Central Excise to pay custom duty
leviable on LNG so imported and not used for generation of power at
their power project at Dabhol;
- pay customs duty so payable latest by
the 10th day of the following quarter, along with interest
at the rate of 13% from the date of import till the date of
payment.
|
[F.No.354/130/2005-TRU]
(S. Bajaj)
Under Secretary to the Government of India
Note: - The principal notification No.21/2002-Customs, dated the 1st March, 2002
was published in the Gazette of India, Extraordinary, vide G.S.R.118 (E), dated
the 1st March, 2002 and was last amended by vide notification
No.20/2007-Customs, dated the 1st March, 2007 which was published vide number
G.S.R. 117(E), dated the 1st March, 2007.