Notification No. 48 dated 25th
April 2000 (As amended by Notification No. 120/
2000 dated 15th September 2000, 30/2001, 122/2001, Notification No. 125 dated 12th November 2002)
In
exercise of the powers conferred by sub-section (1) of section 25 of the
Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it
is necessary in the public interest so to do, hereby exempts materials used in
the manufacture of resultant products when imported into India, from the whole
of the duty of customs leviable thereon, under the First Schedule to the
Customs Tariff Act, 1975 (51 of 1975), and from the whole of the Special
additional duty leviable thereon under section 3A of the said Customs Tariff
Act, subject to the following conditions, namely:-
(1)��� that
the importer has been granted duty free replenishment certificate licence
(hereinafter referred to as the said licence) by the Licensing Authority for
import of the said materials in terms of paragraph 7.4 of the Export and Import
Policy, and the said licence is produced at the time of clearance for debit by
the proper officer of the Customs;
(2)������ that the said licence contains the
endorsements specifying inter-alia;
(a) the standard input
output norm (SION) number description and value of the resultant product
exported on the reverse;
(b) the shipping bill number(s) and date(s) and FOB value in
Indian Rupees of the resultant product, on the reverse; and
(c) the quality, technical characteristics, specifications
and quantity of the materials used in the resultant product which are allowed
to be imported duty free; and
(3)������ that the said licence and/or materials
shall be freely transferable;
(4)��� that
the imports and exports are undertaken through sea ports at Mumbai, Calcutta,
Cochin, (Magdalla), Kakinada, Kandla, Mangalore, Marmagoa, Madras, Nhava Sheva,
Paradeep, Pipavav, Sikka, Tuticorin, Visakhapatnam, Dahej, Nagapattinam, Okha
and Mundhra or through any of the airports at Ahmedabad, Bangalore,
Bhubaneswar, Mumbai, Calcutta, Coimbatore, Delhi,� Hyderabad, Jaipur, Madras, Srinagar, Trivandrum, Varanasi,
Nagpur, and Cochin or through any of the Inland Container Depots at Agra,
Bangalore, Coimbatore, Delhi, Faridabad, Gauhati, Guntur, Hyderabad, Jaipur,
Jalandhar, Kanpur, Ludhiana, Moradabad, Nagpur, Pimpri (Pune), Pitampur
(Indore), Surat, Tirupur, Varanasi, Nasik, Rudrapur (Nainital), Dighi (Pune),
Vadodara, Daulatabad, (Wanjarwadi and Maliwada), Malanpur, Waluj (Aurangabad),
Anaparthy (Andhra Pradesh), Salem, Singanalur, Jodhpur, Kota, Udaipur,
Ahmedabad, Bhiwadi, Madurai, Bhilwara, Pondicherry and Garhi Harsaru or through
the Land Customs Station at Ranaghat, Singhabad and Rakaul.
Provided that the Commissioner of Customs may by special
order and subject to such conditions as may be specified by him permit import
and export through any other sea port, airport or Inland Container Depot or
through a Land Customs Station.
Explanation:In this notification-
(a)������ �Export and Import Policy�, means Export and Import Policy,
1997-2002, notified by the Government of India in the Ministry of Commerce vide
notification number 1/(RE-99)/1997-2002, dated the 31st March, 2000.
(b)������ �Licensing Authority�, means the Director General of Foreign
Trade appointed under section 6 of the Foreign Trade (Development and
Regulation) Act, 1992 (22 of 1992) or an officer authorised by him to grant a
licence under the said Act;
(c)������ �materials�� means-
���������� (a) raw materials, components,
intermediates, consumables, computer software and parts used in the manufacture
of resultant product;
���������� (b) packing materials used in the
packaging of resultant product.