POLICY CIRCULAR NO. 25(RE–2001)/1997-2002, Dt. 20/02/2002

Port restrictions of import of natural rubber

To

All Licensing Authorities
All Commissioners of Customs,

Subject: Port restrictions on import of natural rubber ( all items classified under Exim Head no. 40.01).Attention is invited to notification no. 41(RE-2001)/97-02 dated 19.12.2001, regarding port restrictions on import of natural rubber. Representations have been received, seeking clarification regarding applicability of these provisions on import of natural rubber made by EOUs, units in EPZ and units in SEZ.

The matter has been considered and it is clarified that the port restrictions as per the Notification no. 41(RE-2001)/1997-2002 dated 19.12.2001, shall not be applicable on import of natural rubber made by units in SEZ. However, import of natural rubber is not allowed under any duty exemption scheme including EOU/EPZ except under SEZ.

(Second para of this Cir. has been amended vide Policy Cir. 28(RE-01), Dt. 4/3/2002)

[OLD
The matter has been considered and it is clarified that the port restrictions as per the aforementioned notification shall be applicable on import of natural rubber made by EOUs and units in EPZ. However, these restrictions shall not be applicable on import of natural rubber made by units in SEZ.]

This issues with approval of DGFT.

(O.P. Hisaria)
Dy. Director General of Foreign Trade

(Pl. refer Policy Cir. No. 09/2002, Dt. 18/07/2002 for - Import of Natural rubber under DEPB scheme.)

Presented by eximkey.com