Eximkey - India Export Import Policy 2004 2013 Exim Policy

 CUS NTF NO.45/2013 DATE 17/09/2013

Amends Duty Free Import Authorisation (DFIA) notification No. 98/2009-Cus.

G.S.R.636(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.98/2009-Customs dated the 11th September, 2009 published vide number G.S.R. 664(E),dated the 11th September,2009,namely.

In the said notification,

(a) in the opening paragraph, for the words and figure “Customs Tariff Act,except to the extent specified in paragraph 2 of this notification,subjectâ€,the words, figures and letter“Customs Tariff Act,except to the extent specified in paragraph 2 or 2A of this notification,as the case may be, subject†shall be substituted.

(b) the existing paragraph 2A shall be renumbered as paragraph 2AB thereof and before paragraph 2AB as so renumbered,the following paragraph shall be inserted, namely,

2A. With effect from 17th September 2013, the exemption from safeguard duty and anti-dumping duty shall not be available in case materials are imported against an authorisation that has been made transferable on or after the 18th April, 2013 by the Regional Authority.

(c) after paragraph 2AB as so renumbered,the following paragraph shall be inserted,namely.

2AC.With effect from 17th September 2013, in case the imported materials are transferred with the permission of Regional Authority, and where such permission is granted on or after the 18th April, 2013, the importer shall pay an amount equal to the safeguard duty and anti-dumping duty leviable on the material so imported and transferred, but for the exemption contained in paragraph 1 above, together with interest at the rate of fifteen per cent per annum from the date of clearance on import of the said materials.

[F.No.605/36/2013-DBK]

(Sanjay Kumar)
Under Secretary to the Government of India


Note.The principal notification number 98/2009-Customs,dated the 11th September, 2009 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.664(E) dated the 11th September, 2009 and was last amended by notification No. 24/2013-Customs, dated the 18th April, 2013 published in the Gazette of India,Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.250 (E),dated the 18th April,2013.
 

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