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Regarding EXIM Policy 1997
Circular No. 26dated 8th July 1997
I am directed to
refer to the EXIM Policy 1997-2002 and to say that certain doubts have arisen
regarding the implementation of the above said Policy. The issues have been
examined and the para-wise clarification is as under:
It has been
provided that EOU/ EPZ units may be permitted to sell finished products, which
are freely importable under the Policy, in the DTA over and above the levels
permissible under sub-paragraph (b) & (c) of paragraph 9.9 against full
payment of duties, provided they have achieved on an annual basis, the
stipulated NFEP and export obligation. It is clarified that in such cases the
duty shall be levied as if the goods have been imported as such. However, the
rates of duty applicable will be the effective rates of duty & not the
tariff rate of duty.
It has been
provided that EOU/ EPZ units may with the permission of the concerned customs
authority supply or sell in the DTA, samples of goods produced by EOU/ EPZ units
for display/ market promotion upto 1% of the value of previous years export or
maximum of Rs. 1 lakh in case of new units going into production, on payment of
applicable duties. It is clarified that condition (B) of the Notification No.
53/ 97-Cus. dated 3rd June, 1997 and conditions 2 (a) of notification No. 1/95-
CE dated 4/1/95 provides for clearance & return of goods without payment of
duty for display purposes, however, in case the samples of goods produced are to
be cleared for sale, then the same may be allowed clearance on payment of
appropriate duty as if the same have been imported as such.
It has been provided that samples made in wax models, silver models and
rubber moulds may be permitted for export with the permission of Development
Commissioner of the EPZ/ EOU concerned provided its value dose not exceed Rs.
10,000/- in a year. It is clarified that in such cases there may not be any
receipt of foreign exchange because the units may supply the samples free of
cost of promote trade and, the formalities for GR may not be insisted upon and
the such goods may be allowed for export.
It has been
provided for the personal carriage of samples of precious metal jewellery/
precious/ semi-precious stones and beads by the exporters. The exporter shall
declare the carriage of such samples to the customs while leaving the country
and obtain necessary endorsement of the Export Certificate issue by the
jewellery Appraiser of the Customs, It is clarified that the procedure
prescribed for personal carriage of jewellery already. exists and the same may
be followed in such cases also. However formalities of GR may not be insisted
upon.
2. The
above clarifications may be brought to the notice of the field formations and
trade for smooth functioning of the Export Oriented Units.
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