CUS NTF NO. 31/2000 DATE 24/03/2000
To restore the exemption to parts and raw materials for manufacture of goods to be supplied in connection with the purpose of off-shore oil exploration or exploitation from the whole of customs duty. 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 makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue),
No. 16/2000-Customs, dated the 1st March, 2000, namely:-
In the said notification,-
(i) in the Table, after serial number 221 and the entries relating thereto, the following serial number and entries shall be inserted,namely:-
(1) | (2) | (3) | (4) | (5) | (6) |
---|
"221A. | 84 or any other Chapter | Parts and raw for manufacture of goods to be supplied in connection with the purposes of off-shore oil exploration or exploitation. | Nil | Nil | 44A"; |
(ii) in the Annexure, after condition number 44 and the entries relating thereto, the following condition number and entries shall be inserted, namely: -
Condition No. | Conditions |
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"44A. | If,- (a) the parts and raw materials are used in the manufacture ofgoods in accordance with The Provisions of section 65 of the Customs Act, 1962 (52 of 1962); and (b) a certificate is produced in each case to the Deputy mmissioner of Customs or the Assistant Commissioner of Customs, as the case may be, from a duly authorized officer of the Directorate General of Hydro Carbons in the Ministry of Petroleum and Natural Gas, Government of India, to the effect that the goods are required for the purposes of off-shore oil exploration or exploitation." |
Sd/-
(Prashant Kumar Sinha)
Under Secretary to the Government of India
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