Amendments to Customs Notification No. 21 dated 1st March 2002
Customs
Notification No. 72 dated 23rd July 2002 (As amended by
Corrigendum dated 16th October 2002)
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 notifications of the Government of India in the Ministry of
Finance (Department of Revenue) No. 21/ 2002-Customs, dated the 1st
March, 2002, namely:
In
the said Notification, -
(1)
in the Table, after S. No. 167 and the entries relating thereto, the
following S. No. and entries shall be inserted namely, -
(1)
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(2)
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(3)
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(4)
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(5)
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(6)
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�167A
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Any
Chapter
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(a)
Buckles, �D� rings, eyelets, hooks and eyes, rivets and studs;
(b)
Buttons and fasteners of all types;
(c)
Velcro Hook, Velcro tapes and Loop tape;
(d)
Elastic Tape, adhesive tape and reinforcement tape;
(e)
Stamping foil;
(f)
Sewing thread;
(g)
Locks including magnetic locks;
(h)
Metal Handles, handle fitting, dog hooks, Logos all types, Ring binders,
Key hooks, Key rings, Key holders, Push Clip, Chains, Pullers, hinges and
magnetic snaps;
(i)
Glove liners;
(j)
Loop rivets and loop oval�;
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Nil
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Nil
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21A
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(2)
in the Annexure,
(i)
in Condition No. 21, for sub-conditions (a) and (b), the following
sub-conditions shall respectively be substituted, namely, -
Condition
No.
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Condition
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�(a)
The goods are imported by a manufacturer of textile garments or leather
garments for use in the manufacture of said goods for export by that
manufacturer and the said manufacturer is registered with the Apparel
Export Promotion Council or Council for leather Exports, as the case may
be, -
(b)
The total value of goods, imported shall not be exceed 3 percent of the
FOB value of textile garments or leather garments exported during the
preceding financial year, however, the value of lining, and inter-lining
materials imported shall not exceed 2 percent of the said total value�;
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(ii)
after Condition No. 21 and the condition relating thereto, the following
Condition. No. and condition shall be inserted, namely, -
Condition
No.
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Condition
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�21A
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If,
-
�(a)
The goods are imported by a manufacturer of lather footwear, leather
gloves, or travel goods, hand bags and similar containers all made of
leather for use in the manufacture of said goods, for export by that
manufacturer and the said manufacturer is registered with the Council for
Leather Exports;
(b)
The total value of goods, imported shall not exceed 1 percent of the FOB
value of lathers footwear, leather gloves, or travel goods, handbags and
similar containers all made of leather, exported during the preceding
financial year;
(c)
the importer produces a certificate from the council for Leather Exports
certifying the value of export made during the financial year mentioned in
sub-condition (b), and also the value and quantity of goods already
imported under this notification during the current financial year,�
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