REGISTERED No. D. (D.)-72
The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 68] NEW DELHI, WEDNESDAY, APRIL 16, 1980/CHAITRA 27, 1902
Separate paging Is given to this Part in order that it may be filed as a separate
compilation
(221)
50 GI/80—1
222 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]223
MINISTRY OF COMMERCE AND CIVIL SUPPLIES
(Department of Commerce)
PUBLIC NOTICE No. 110—1TOPN)/80
New Delhi, the 15th April, 1980
IMPORT TRADE CONTROL
Subject : Duty-free imports against REP licences. [Issued from File No. l/45-A/RF.P/74-EPC.Vol. 1].—Attention is inviteJ to the Import Policy for April, 1980-March, 1981 published under the Department of Commerce Public Notice No. 9—ITC (PN)/80 dated the 15th April, 1980.
2. Paragraph 163 of the said Import Policy refers to the new scheme pertaining to duty-free imports against REP licences. The details and oth;r condition* of th* sihiini are contained in th; Annexure to this Public Notice which has been incorporated as Appendix 29 to the Import Policy for April, 1980-March, 1981,
C. VENKATARAMAN,
Chief Controller of Imports and Exports.
APPENDIX 29
Duty-free Imports against REP licences.
1. A new scheme has been introduced to provide duty-free imports of raw materials against REP licences issued on the exports of specified products, fn this connection a copy of the Department of Revenue Notification No. 74/F. No. 602/2/79-DBK dated ] 5-4-1980 is given in Anne.xture I to this Appendix.
2. The export products and against each of them the items allowed to be imported, the quantity of each item allowed and the import replenishment percentage in terms of value, are indicated in Annexure II to this Appendix.
3. The scheme will apply to REP licences issued on exports made from 1-4-1980 against which the exporter has neither claimed the benefit of duty exemption as per Appendix 19 nor duty-drawback.
4. REP licences issued under the scheme will be marked "Duty Free Import Replenishment". Such licences shall not be transfer- able. They will be subject to '"Actual User" condition. The imported materials shall be used for production only in the licence holder's factory, The benefit of this scheme will not be available to Registered Exporters other than manufacturer exporters.
5. Applications for grant of REP licences under this scheme should be made to the licensing authorities concerned. At the top of the application, the words "Application under Duty Free Import Scheme" should be written.
6. Import licences issued under the scheme will be subject to both value and quantity as limiting factors.
ANNEXURE I TO APPENDIX 29
MINISTRY OF FINANCE (Department of Revenue) Indirect Taxes Division New Delhi, the 15th April, 1980 NOTIFICATION Customs
G.S.R —In exercise of the powers .conferred by sub-scciion (1) of Section 25 of the Customs Act, 1962 (52 of 1962), the Cen- tral Government, beinn satisfied that it is necessary in the public interest so to do, hereby exempts the materials specified in column (2) of the Table hereto annexed, when imported into India in accordance with the terms and conditions of an import replenishment licence issued under the Imports (Control) Order, 1955, against export of the goods specified in the corresponding entry in column (3) of the slid Table, from the duty of customs and the additional duty leviable thereon to the extent indicated in column (4) thereof, subject to the conditions specified in column (5) of the said Table.
TABLE
Description of Export goods
Extent of exemption
Conditions for exemption.
Description of materials ).
SI. Nc
2
3
1
4
5 1. Stainless Steel Sheets or Strips (Non-Magnetic)
Stainless Steel utensils, Sinks.and Hospital Wares made of non- magnetic stainless steel sheets or strips.
Brass Artware.
Brass Scrap. Zinc.
2. 3.
Galvanised Steel pipes, tubes,
Whole of the duty of customs leviable thereon [which is speci- fied in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), and the whole of the additional duty levialble thereon under Section 3 of the said Act.
wires and sheets, whether cor- rugated or not.
The said import replenishment licence is endorsed "Duty Free Import Replenishment" and the authority issuing the said licence specifies the quantity and the value of the materials, indicated in column (2) allowed to be imported under the said licence and the said licence is also subject to
2. This Notification shall be in force upto and inclusive of the 31st day of March, 1981.
[Notification No. 74/F.No,602/2/79-DBK]
MAHESH KUMAR, Under Secy.
224 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]ANNEXURE II TO APPENDIX 29
Scheme of Duty Free Imports against Import replenishment licences.
Export product
Import items to be allowed Quantity to be allowed for 1
mport replenishment percentage Si. No
import
1
2
3
4
5
1,
SS Sheets/Strips (Non-magnetic) 1.125 kgs. against 1 kgsofexpor
t 50%
product.
Stainless steel utensils, sinks and hospital ware made of non-magnetic SS Sheets/strips.
Brass Scrap.
Brass artware.
1.01 Kgs. against 1 Kg. of
2.
40%
exported product.
Zinc.
3.
1.07 Kgs. for 1 Kg. of the
10%
exported product.
Galvanised Steel pipes, wires and sheets, whether corrugated or not.