The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 44] NEW DELHI, MONDAY, FEBRUARY 9, 1981/MAGHA 20, 1902
Separate paging is given to this Part in order that it may be filed as a separate compilation
144 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)l (5) on the expiry of the period referred to in condition (3), the importer shall pay the following duties namely :—MINISTRY OF FINANCE
(Depannent of Revenue)
NOTIFICATIONS
New Delhi, the 9th February, 1981
CUSTOMS
G.S.R. 52(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, being satisfied that it is necessary in the public interest so to do, hereby exempts goods specified in the Table below (hereinafter referred to as the goods), when imported into India for the purpose of manufacture of articles for export out of India by hundred percent export-oriented undertakings approval by the Board of Approval for Hundred Percent Export-Oriented Under- takings appointed by the notification of the Government of India in the former Ministry of Industry and Civil-Supplies (Department of Industrial Development) No. S.O. 163(E)/ RLI/U/10(2) /76 dated the 3rd March^ 1976, from the whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and the additional duty, if any. leviable thereon under section 3 of the second mentioned Act, subject to the following con- ditions, namely :—
(1) the importer has been granted necessary licence for
the import of the goods for the said purpose ;
(2) the importer carries out the manufacturing opera- tions in customs bond and subject to such other conditions as may be specified by the Assistant Collector of Customs in this behalf ;
(3) the importer exports out of India hundred percent or such other perpentage, as may be fixed by the said Board, of articles manufactured wholly or partly from the goods for the period stipulated by the Board or such extended period as may be specified by the said Board ;
(a) customs duty on capital goods on depreciated value but at rates prevalent at the time of im- port ; and
(b) customs duty on unused imported raw materials or components on the value at the time of import and at rates in force at the time of clearance.
(6) the importer executes a bond in such form and for such sum and with such authority as may be pres- cribed by the Assistant Collector of Customs bind- ing himself to fulfil the export obligations and conditions stipulated in this notification and to pay, on demand, an amount equal to the duty leviable on the goods as are not proved to the satisfaction of the Assistant Collector of Customs to have been used in the manufacture of articles for export.
TABLE
SI. No.
Description of Goods
1
2
1.
Capital goods
Raw materials.
3.
Components.
fNo. 13/F. No. 370/30/80-Cus. 1]
G.S.R. 53(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with sub-section (4) of section 4 of the Finance Act, 1980 (13 of 1980), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 41-Customs, dated the 25th March, 1980, namely :—