CUS NTF NO. 113/2003 DATE 22/07/2003

SEZ regulations and exemptions-reg.
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 (6) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts castor oil cake falling under item 23 06 9017 and castor de-oiled cake falling under item 2306 9027 of the First Schedule to the said Customs Tariff Act, when manufactured from indigenous castor oil seeds on indigenous plant and machinery by a unit in special economic zone, which was in existence prior to the 1st day of November, 2000 and brought to domestic tariff area in accordance with the provisions of the Special Economic Zones Act,2005 (28 of 2005) and the Special Economic Zones Rules, 2006 [OLD Foreign Trade Policy], from the whole of the duty of customs leviable thereon under the said First Schedule and the additional duty, if any, leviable thereon under section 3 of the said Customs Tariff Act,

Provided that exemption contained in this notification shall not apply in the cases where castor oil cake falling under item 23069017 and castor de-oiled cake falling under item 230690 27 of the First Schedule to the said Customs Tariff Act are manufactured out of inputs on which duty drawback or benefit under Duty Entitlement Passbook (DEPB) schemes or any other export benefit as admissible under the Foreign Trade Policy has been availed of either by the unit in special economic zone or by the supplier of inputs, as the case may be.

(paragraph 1 has been substituted & proviso has been inserted vide CUS NTF NO. 118/2007 DATE 17/12/2007)

2. This notification shall come into force on and from the 11th day of May,2004.

(Para 2 has been substituted vide CUS NTF NO. 58/2004 DATE 30/04/2004)

(Para 2 has been substituted vide CUS NTF NO. 50/2004 DATE 31/03/2004)

(Para 2 has been substituted vide CUS NTF NO. 45/2004 DATE 28/02/2004)

(Para 2 has been substituted vide CUS NTF NO. 180/2003 DATE 31/12/2003)

(Para 2 has been substituted vide CUS NTF NO. 169/2003 DATE 29/11/2003)

(Para 2 has been substituted vide CUS NTF NO. 151/2003 DATE 14/10/2003)

(Para 2 has been substituted vide CUS NTF NO. 129/2003 DATE 14/08/2003)

Explanation. – For the purpose of this notification ‘Special Economic Zone’ means Special Economic Zone as notified under section 4 of the Special Economic Zones Act, 2005(28 of 2005).

(Paragraph 1 & Explanation has been substituted vide CUS NTF NO. 16/2007 DATE 21/02/2007)

[OLD-
Explanation. - For the purposes of this notification,-

(i) "Foreign Trade Policy" means the Foreign Trade Policy, 1st September, 2004-31st March, 2009" published by the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2004-09, dated the 31st August, 2004, as amended from time to time.]

(In notification words "Foreign Trade Policy" & Clause (i) has been substituted vide CUS NTF NO. 87/2004 DATE 06/09/2004)

[OLD-
(i) “Export and Import Policy” means the Export and Import Policy, 2002-2007 published by the Government of India in the Ministry of Commerce and Industry vide notification number 1 (RE-2003) /2002-2007, dated the 31st March, 2003, as amended from time to time; ]

(ii) “special economic zone” means the special economic zone as specified in the notification issued under section 76A of the Customs Act, 1962 ( 52 of 1962).

[F. No. 314/24/2001 -FTT]

(D.S. GARBYAL)
Under Secretary to the Government of India)

(Please refer CUS CIR NO. 68/2003 DATE 30/07/2003)

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