TMI BlogExemption to specified goods imported for use in the articles, etc. meant for export/export promotion/ processing (including repairing, reconditioning etc.) of export articles by units in EPZ or FTZ - Rescinding of 7 NotificationsX X X X Extracts X X X X X X X X Extracts X X X X ..... Central Government, being satisfied that it is necessry in the public interest so to do, hereby exempts goods specified in the Annexure I of this notification (hereinafter referred to as the said goods), when imported into India - (a) for the production or manufacture of articles for export out of India, or (b) for being used in connection with the production, manufacture or packaging of articles for export out of India, or (c) for carrying out processing of, or operations (including repairs, re-conditioning and re-engineer in relation to, the articles intended for export out of India, or (d) for promotion of such export, by units within an Export Processing Zone or a Free Trade Zone specified in Annexure II to this notificati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es the Development Commissioner of the Zone that the goods so imported have been used for the purposes specified in clauses (a) to (d) or for any other purposes specified in Export-Import Police and in this Notification. (6) The Assistant Collector of Customs, may subject to such conditions and limitations as may be imposed by him and subject to the provisions of the Export-Import Policy - (i) allow a unit to re-export the said goods; (ii) permit the said goods or goods manufactured, produced, processed or packaged in the unit to be taken outside the Zone temporarily without payment of duty for repairs, processing, testing or display and to be returned to the unit thereafter; (iii) permit the said goods or goods manufactured, produ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ware `on site' abroad : Provided that - (a) the conditions stipulated in this notification are complied with by such software development unit; and (b) the procedure specified by the Assistant Collector of Customs is followed. Explanation. - The consultancy fees received by software development units in convertible foreign currency/for consultancy service for development of software `on site' abroad shall be deemed to be exports for the purposes of fulfilment of export obligation under this notification. 3. Notwithstanding anything contained in this notification the exemption contained herein shall also apply to the said goods which on importation into India are used for the purposes of production, manufacture, processing or pac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ve power plants, may be allowed on payment of an amount equal to the customs duty leviable on such goods on the depreciated value thereof and at the rate in force on the date of payment of such duty; (b) such clearance of goods (including empty cones, bobbins, containers, suitable for repeated use) other than those specified in clause (a) may be allowed on payment of customs duty on the value at the time of import and at rates in force on the date of payment of such customs duty; (c) such clearance of used packing materials such as cardboard boxes, polyethylene bags of a kind unsuitable for repeated use, may be allowed without payment of any customs duty : Provided that the importer shall not be eligible to avail of the exemption appl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by the Board of Approval. 5. Raw materials. 6. Components. 7. Consumables. 8. Packaging materials. 9. Tools, jigs, gauges, fixtures, moulds, dies, instruments and accessories and spares thereof. 10. Prototype, technical and trade samples for development and diversification. 11. Drawings, blue prints and charts. 12. Goods reimported within three years of the date of exportation for repairs or reconditioning. 13. Goods reimported within one year from the date of exportation from the Zone due to the failure of the foreign buyer to take delivery. 14. Goods imported for repairs, reconditioning or reengineering and exp ..... X X X X Extracts X X X X X X X X Extracts X X X X
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