Government of India
Ministry of Finance
Department of Revenue
Circular No. 01 /2010-Cus.
New Delhi, the 11th January 2010.
To
All Chief Commissioners of Customs/Central Excise/Customs & Central Excise.
All Commissioners of Customs/Customs (P)/Customs &Central Excise/Central Excise.
All Director Generals of CBEC,
Chief Departmental Representative of Customs Excise & Service Tax Appellate
Tribunal.
Sir/Madam,
Sub: Extension of Export Obligation period for the Advance License Holders who
have imported raw sugar
between 21.9.2004 and 15.4.2008-reg
I am directed to invite your attention to the above-mentioned subject and to say
that, a reference was received from the Ministry of Agriculture Food & Public
Distribution to consider extension of export obligation period for those Advance
License Holders who had imported raw sugar between 21.9.2004 and 15.4.2008 but
had not yet fulfilled their export obligations.
- The reference was examined. The Cabinet Committee on Economic Affairs has
decided that, the Advance Authorization Holder will be permitted to exrcise
either of the following options as he chooses in respect of pending unfulfilled
export obligations:-
(a) Further extension of time upto 31.12.2011 for export without payment of
composition fees.
OR
(b) Abolition of export obligation for past imports provided the importer pays
the customs duties as applicable during the relevant period on normal imports,
on the quantity of unfulfilled export obligation.
- Accordingly, it is clarified that the Advance Authorization Holders who have
imported raw sugar between 21.9.04 to 15.4.08 shall be allowed to avail either
of the options stated at para 2 above. Director General Foreign Trade has issued
Public Notice No. 29/2009-14, dated 7.1.2010 in this regard.
- These instructions may be brought to the notice of the trade / exporters by
issuing suitable Trade / Public Notices. Suitable Standing orders/instructions
may be issued for the guidance of the assessing officers. Difficulties faced, if
any, in implementation of the Circular may please be brought to the notice of
the Board at an early date.
Receipt of this Circular may kindly be acknowledged.
Yours faithfully,
-Sd-
(P.V.K. Rajasekhar)
OSD (Drawback)
F.NO.605/3/2009-DBK