CUS NTF No.41/1999 Date 28th April, 1999
Exemption to consumables for manufacture of Gem and Jewellery or cut & polished diamonds to holders of Replenishment licence.
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 the goods
(a) as specified in Annexure -I to this notification,-
(i) upto one per cent. of the Free On Board (FOB) value of preceding financial year of the export of plain or studded Jewellery made of gold or platinum, when imported by the exporter of such gold jewellery or platinum jewellery;
(ii) upto three per cent. of the Free On Board (FOB) value of preceding financial year of the export of rhodium-finish jewellery made of silver imported by the exporter of such rhodium-finish silver jewellery;
(iii) upto two per cent. of the Free On Board (FOB) value of preceding financial year of the export of jewellery made of silver imported by the exporter of such silver jewellery;
(Clause (ii) has been substituted vide CUS NTF NO. 76/2007 DATE 06/06/2007)
[OLD (ii) upto two per cent. of the Free On Board ( FOB) value of preceding financial year of the export of Jewellery made of silver imported by the exporter of such silver jewellery;]
(b) as specified in Annexure II to this notification upto one per cent. of the Free On Board (FOB) value of preceding financial year of the export of cut and polished diamonds when imported by the manufacturer and exporter of such cut and polished diamonds, when imported into India against the Replenishment Authorisation referred to in Para 4A.28 of the Handbook of Procedures Volume-I, the 1st September, 2004- 31st March, 2009, published by the Government of India in the Ministry of Commerce and Industry vide Public Notice No. 1 (RE-2007)/2004-09, dated the 19th April, 2007, as amended from time to time, [OLDReplenishment Licences referred to in para 4.80 of Handbook of Procedures (Volume-I)’ means Handbook of Procedures (Volume-I) notified by the Government of India in the Ministry of Commerce and Industry published in the Gazette of India, Extraordinary, Part-I, Section-1 vide Public Notice No. 1/2009-2014, dated the 27th August, 2009, as amended from time to time [OLD Handbook of Procedures, Volume I, 1st September, 2004 -31st March, 2009 published by the Government of India in the Ministry of Commerce and Industry vide Public Notice No. 1/2004-09, dated the 31st August, 2004 as amended from time to time, from-]
(i) the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 ( 51 of 1975);
(ii) the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act:
Provided that goods imported under this notification are used for the manufacture of gold, silver or platinum jewellery or the cut and polished diamonds, as the case may be, for exports by the holders of the said Replenishment Authorisation [OLDReplenishment Licences].
(Above opening paragraph has been substituted vide CUS NTF NO. 106/2009 DATE 14/09/2009)
(Above opening paragraph & proviso has been substituted vide CUS NTF NO. 76/2007 DATE 06/06/2007)
(Above opening paragraph has been subsituted vide CUS NTF NO. 87/2004 DATE 06/09/2004)
[OLD-
In exercise of the powers conferred by sub-section (I) 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 the goods as specified in the Annexure-I and Annexure-II to this notification, upto one percent of the Free On Board (FOB) value of preceding financial year of the export of Gems and Jewellery or cut and polished diamonds, as the case may be, when imported into India against the Replenishment Licence referred to in para 4.80 of the Handbook of Procedures Volume-I, 1st April, 2002- 31st March, 2007, published by the Government of India in the Ministry of Commerce and Industry vide Public Notice No.1/2002-07, dated the 31st March, 2002, as amended from time to time,from –
(This para has been substituted vide CUS NTF NO.64/2002 DATE 24/06/2002) ]
[OLD Replenishment Licenses referred to in para 8.88 of the Hand Book of Procedures Vol. I, 1st April, 1997 – 31st March, 2002, published vide notification of the Government of India, Ministry of Commerce, No. 1/97, dated the 31st March, 1997 as amended from time to time,]
(i) the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975);
(ii) the whole of the additional duty and special additional duty leviable thereon under section 3 and section 3A respectively of the said Customs Tariff Act;
Provided that the goods imported under this notification are used for the manufacture of Gems and Jewellery or the cut and polished diamonds, as the case may be, for export by the holders of the said Replenishment Licenses.
ANNEXURE - I
|
Sl. No. |
Description of goods for exporters of Gems and Jewellery |
|
1. |
Special Industrial Adhesives or Gums |
|
2. |
Master Alloys (used in gold jewellery for mixing in gold) |
|
3. |
Gravar, files and rotary burs or files |
|
4. |
Investment powder |
|
5. |
Rhodium and plating salts |
|
6. |
Waxes. |
|
7. |
Enamels for Jewellery |
|
8. |
soldering Blocks/Plates, Non Azebeztoz |
|
9. |
Tubes, Ceramic Plates, crucibles, lid, insulation for electric/electronic furnaces |
|
10. |
Elements, induction coils, thermocouples for electric/electronic furnaces / casting machines |
|
11. |
Solders, Solder powders, solder pastes, or precious and non-precious metal alloys |
|
12. |
Dies, Jigs, tools for chain making, hammering, facetting, welding/ brazing, M/c./presses |
|
13. |
Small tools, burrs, abrasives that operate on micro motors or hand held motors |
|
14. |
Molds for hydraulic/pneumatic press |
|
15. |
Propriety Precious and Non-Precious salts, baths, brightners, replenishers, additives and compounds, for electroplanting |
|
16. |
All sorts and forms of media, compounds, chemical formulations proprietary/non proprietary for polishing, burnishing, cleaning jewellery |
|
17. |
Master alloys for making carat gold jewellery mainly constituting silver, copper, Zinc, Palladium and other adhesives in small quantity. |
|
18. |
Master alloys for making silver jewelery |
|
19. |
Master Alloys for making solders and Gold and Silver jewellery |
|
20. |
All kinds of rubbers for making molds - vulcanised, unvulcanised or semi-vulcanised |
|
21. |
Silicon rubbers/resin compounds for making molds |
|
22. |
Fluxes, heat guard/ shields compounds, pickles, salts for annealing salt baths |
|
23. |
Grinding wheels, buff wheels of all kinds for polishing |
|
24. |
Anodes for electroplating, special platinised titanium |
|
25. |
All forms of media and tools required for texturing jewellery. |
|
26. |
Tags and labels, security censor on card, staple wire and poly bags |
(In the ANNEXURE-I S.No.26 has been inserted vide CUS NTF NO. 97/2010 DATE 21/09/2010)
ANNEXURE – II
|
Sl. No. |
Description of goods for exporters of Cut & Polished Diamonds |
|
1. |
Special Industrial Adhesives |
|
2. |
Gums and Solutions |
|
3. |
Synthetic Diamond Powders |
|
4. |
Diamond Scaifes |
|
5. |
Collects for E.G.S. Sticks (5.5 mm)BS/001/009 |
|
6. |
Davetail HSS Grief for Top |
|
7. |
Spare Box for bottom and Top Tang |
|
8. |
Spare for all types of dops. |
|
9. |
Collet Angles Flat 35 and 41 |
|
10. |
E.G.S. Bearing Small Gear |
|
11. |
E.G.S. Bearing Big Front |
|
12. |
E.G.S. Collet Cap |
|
13. |
L.P. Claw |
|
14. |
L.P. Tang (Stud and Screw) |
|
15. |
L.P. Honder |
|
16. |
Emery Carving Stick - G - 80 |
|
17. |
Wass Cover |
|
18. |
Cement for Table Polishing |
|
19. |
Anti Corrosion Liquid |
|
20. |
Bauxilite Powder No.80 |
|
21. |
Carbolin Liquid for Polishing |
|
22. |
Tube lights only for gem testing lamp |
|
23. |
Marking Pen |
|
24. |
Sawing Blades |
|
25. |
Steel Pots and Pins |
|
26. |
Pots for Semi automatic Machine |
|
27. |
Diamond Powder |
|
28. |
Sawing Rubber Pads |
|
29. |
Q - Switch |
|
30. |
Yak Rod and flow Tube |
|
31. |
Laser Lamp and Flow Tube |
|
32. |
Lens (46/58/77 mm) |
|
33. |
Axis Screw |
|
34. |
Guides with strips and bearing set |
|
35. |
Mirror |
|
36. |
Coated diamond (Board) |
|
37. |
Tags and labels, security censor on card, staple wire and poly bags |
(In the ANNEXURE-II S.No.37 has been inserted vide CUS NTF NO. 97/2010 DATE 21/09/2010)
2. The notification of the Government of India in the Ministery of Finance, Department of Revenue, No. 79/96-Customs, dated the 8th October, 1996 (G.S.R.456 (E), dated the 8th October, 1996), is hereby rescind.
Sd/-
(Rajendra Singh)
Under Secretary to the Government of India
EXPLANATORY MEMORANDUM
Notification No.41/99-Cus, dated the 28th April, 1999, seeks to provide for duty free import of consumables for manufacture of Gem & Jewellery or Cut & polished diamonds to the importers operating under the Replenishment Licence Scheme is provided in the EXIM Policy 1997-2002, read with, Hand Book of Procedures 1997-2002. The subject notification has been issued to align with the provision of the EXIM Policy & Handbook of Procedures revised upto 31st March, 1999."
As amended by Notification No. 55/2000-Cus., dated 5-5-2000
(Please refer Cus Cir No.37/2002 Date 28/06/2002)
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