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Customs Notification, Circulars Notifications Notifications Issued In The Year-2003 Tariff CUS NTF NO. 174/2003 DATE 04/12/2003

CUS NTF NO. 174/2003 DATE 04/12/2003

Amendments in the Customs notification N0.21/2002 dated 1.3.2002 realted to exporters of cotton made ups
G.S.R. 924(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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1st March, 2002, namely :-

(1) In the Table, after Sr.No.167A and the entries relating thereto, the following S. No. and entries shall be inserted, namely :-

(1)	(2)	(3)	(4)	(5)	(6)
167B	Any Chapter	(a) Zipper, fastener and slider ; (b) Lace ; (c) Velcro tape ; (d) Elastic tape, curtain tape and edgeband tape ; (e) Curtain hook ; (f) Button and eyelet ; (g) Tassel ; (h) Bead and sequin ; (i) Insert ; (j) Sample fabric of total length upto 500 metres imported during one financial year ;	Nil	Nil	21B

(2) In the Annexure, after condition No.21A and the entries relating thereto, the following condition and entries shall be inserted, namely: -

Condition No.	Conditions
21B	If, - (a) the goods are imported by a manufacturer of cotton made ups for use in the manufacture of said goods for export by that manufacturer and the said manufacturer is registered with the Cotton Textile Export Promotion Council; (b) the total value of goods imported shall not exceed 1 per cent of the FOB value of made ups exported during the preceding financial year; (c) the importer produces a certificate from the Cotton Textile Export Promotion Council certifying the value of exports made during the financial year mentioned in sub-condition (b), and also the value and quantity of goods already imported under this notification during the current financial year".

Condition No.

Conditions

21B

If, -

(a) the goods are imported by a manufacturer of cotton made ups for use in the manufacture of said goods for export by that manufacturer and the said manufacturer is registered with the Cotton Textile Export Promotion Council;

(b) the total value of goods imported shall not exceed 1 per cent of the FOB value of made ups exported during the preceding financial year;

(c) the importer produces a certificate from the Cotton Textile Export Promotion Council certifying the value of exports made during the financial year mentioned in sub-condition (b), and also the value and quantity of goods already imported under this notification during the current financial year".

F.NO.609/218/1998-DBK

SD/-
(SYED MAHMOOD AKHTER)
UNDER SECRETARY TO THE GOVERNMENT OF INDIA

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