Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Date: 12-10-2009
Notification No: DGFT Policy Circular No 10/2009-2014 DT.12/10/2009
Issuing Authority: DGFT  
Type: Circular
File No: 01/92/180/223/AM 09/PC VI
Subject: Clarification to enable procurement of spares beyond 5% by granite sector EOUs.

Government of India
Ministry of Commerce and Industry
Directorate General of Foreign Trade

Policy Circular No. 10 /2009-14
Dated 12th October 2009

To
1. All Regional Authorities
2. All Development Commissioners of SEZs
3. All Commissioners of Customs
4. D/o Commerce, EOU Division

Subject: Clarification to enable procurement of spares beyond 5% by granite sector EOUs.

Para 6.7 (a) of HBP (04-09) {para 6.6(a) of HBP (09-14)} allows granite sector to take spares up to 5% of the value of the Capital Goods to quarry site. Representations were received from EOUs in granite sector stating that some of the Customs Authorities apply the 5% limit in regard to procurement of spares also under Customs Notification 52/03.

  1. The matter was taken up with Department of Revenue, which has clarified vide OM DGEP/FTP/62/2009-EOU dated 12.8.2009 as under:

    “EOUs in granite sector are allowed to procure capital goods, which are required in connection with processing and manufacture or production of articles of granite for export. Besides these capital goods, these units are also allowed certain specified quarrying equipments and spares up to 5% value of quarrying equipments in each year. These quarrying equipments and spares are allowed to be taken to quarry outside the unit. These quarrying equipments and spares are specified under Annexure V of Notification No. 52/2003-Cus and 22/2003-CE both dated 31.3.03. The capital goods and spares required in the EOU in connection with processing and manufacture or production of articles of granite for export are specified in Annexure I of the notification 52/2003-Cus.

    Para 6.7 (a) of HBP v 1 {6.6(a) of HBP (09-14) } puts restriction of removal of spares to 5% to quarrying site. Thus spares allowed duty free for quarrying need to be restricted to that level. However, there is no limit for the spares required for capital goods for use within EOU.”

  2. Accordingly, Department of Revenue has clarified that there is no limit for spares required for capital goods for use within the EOU.

  3. This issues with the approval of Director General of Foreign Trade

Sd/-
(Hardeep Singh)
Jt. Director General of Foreign Trade
(File No. 01/92/180/223/AM 09/PC VI)

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 15-06-2022
Notification No. 50/2022-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 08-06-2022
Notification No. 21/2022-Customs (ADD)
seeks to amend notification no. 45/2017-Customs(ADD) dated 18th September, 2017 to extend the ADD on pneumatic tyres of specific specifications from China PR upto 17th December, 2022

Date: 03-06-2022
Notification No. 19/2022-Customs (ADD)
Seeks to extend the levy of ADD on import of Toluene Di-isocyanate (TDI) originating in or exported from China PR, Japan and Korea RP,by amending notification No. 3/2018-Customs (ADD) dated 23-01-2018.

Date: 02-06-2022
Notification No. 49/2022 - Customs (N.T.)
Exchange rate Notification No.49/2022-Cus (NT) dated 02.06.2022-reg.

Date: 31-05-2022
Notification No. 46/2022-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 31-05-2022
NOTIFICATION No. 47/2022-Customs (N.T.)
Notification to exempt the deposits from the provision of Section 51A of the Customs Act -reg.

Date: 31-05-2022
NOTIFICATION No. 48/2022-Customs (N.T.)
Notification to exempt the deposits from the provision of Section 51A of the Customs Act -reg.

Date: 31-05-2022
Notification No. 18/2022-Customs (ADD)
Seeks to further extend the levy of ADD on Jute products originating in or exported from Nepal and Bangladesh.

Date: 30-05-2022
Notification No. 17/2022-Customs (ADD)
Seeks to extend the Anti-Dumping Duty (ADD) on imports of "Styrene Butadiene Rubber" originating in or exported from European Union, Korea RP and Thailand, imposed vide Notification No. 43/2017-Customs (ADD) dated 30th August 2017, till 31st October, 2022.

Date: 30-05-2022
Trade Notice No. 11 /2022 — 23
Implementation of Notification No.06/2015-20 dated 13th May, 2022 - Issue of RCs due to Prohibition on Export of Wheat.



Exim Guru Copyright © 1999-2022 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001