|
Cess on imported rubber
Circular No. 75 dated 8th
October 1998
I am directed to refer to Board's letter of even
number dated 22. 7. 97 circulating Ministry of Commerce's O. M. No. 14(3) Plant
(B) dated 30. 6. 97 on the above subject (copy enclosed) and to say that Board's
above Circular letter dated 22. 7. 97 stand withdrawn with immediate effect.
No. 14(3) -Plant (B)
Office Memorandum
Cess on Imported rubber-reference from Automotive
Tyre Manufacturer's Association, New Delhi
The undersigned is directed to refer to Ministry of
Finance, Department of Revenue O. M. No 572/6/97-LC dated 24th June,
1997 on the above mentioned subject and to say that under Section 12 of the
Rubber Act, 1947 cess is levied on the rubber produced in India and not no
rubber imported.
2. It is requested
that necessary instructions/clarification may kindly be issued to Customs/ Port
authorities in this regard at the earliest, under intimation to this Ministry.
Cess on imported
Rubber
I am directed to say that it has come to the notice
of the Board that Tyre Companies are facing difficulties at the time of
clearance of imported natural rubber due to the insistence by the Customs
Authorities for payment of Cess.
2. The matter was
taken up with Ministry of Commerce, who have clarified that under Section 12 of
the Rubber Act 1947 cess is levied on rubber produced in India and not on
rubber imported. In this connection a copy of Ministry of Commerce's O. M. No.
14(3)/97 - Plant (B) dated 30. 6. 1997 is enclosed for information and necessary
action.
|