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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 49 /2017-Customs
New Delhi, the 30th June, 2017
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
exempts the goods falling under the Fourth Schedule to the Central Excise Act,
1944 (1of 1944), when imported into India for subsequent sale, from the whole of
the additional duty of customs leviable thereon under sub-section (5) of section
3 of the Customs Tariff Act ,1975 (51 of 1975) (hereinafter referred to as the
said additional duty of Customs).
2. The exemption contained in this notification shall be given effect if the
following conditions are fulfilled, namely:-
a) the importer of the said goods shall pay all duties, including the
said additional duty of customs leviable thereon, as applicable, at the time of
importation of the goods;
b) the importer, while issuing the invoice for sale of the said goods,
shall specifically indicate in the invoice that in respect of the goods covered
therein, no credit of the additional duty of customs levied under sub-section
(5) of section 3 of the said Customs Tariff Act, shall be admissible;
c) the importer shall file a claim for refund of the said additional duty
of customs paid on the imported goods with the jurisdictional customs officer;
d) the importer shall pay on sale of the said goods, appropriate sales
tax or value added tax, as the case may be;
e) the importer shall, inter alia, provide copies of the following
documents alongwith the refund claim:-
(i) documents evidencing payment of the said additional duty;
(ii) invoices of sale of the imported goods in respect of which refund of the
said additional duty is claimed;
(iii) documents evidencing payment of appropriate sales tax or value added
tax, as the case may be, by the importer, on sale of such imported goods.
Explanation: - The goods falling under the Fourth Schedule to the Central
Excise Act, 1944 (1of 1944) when imported into India for subsequent sale, and a
bill of entry has been filled under sub-section (3) of section 46 of the Customs
Act, 1962 (52 of 1962) on or before to the 30th day of June, 2017 shall also be
eligible for exemption under this notification subject to the fulfilment of the
conditions of this notification.
3. The jurisdictional customs officer shall sanction the refund on satisfying
himself that the conditions referred to in para 2 above, are fulfilled.
(Ruchi Bisht)
Under Secretary to the Government of India
[F.
No. 354/119/2017-TRU]
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