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Customs notifications amended - Cut and polished precious stones – import and re import

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..... ecified in column 2 of the Table below, in the manner specified in the corresponding entry in column 3 of the said Table, namely:- Table Sl.No. Notification No. and Date Amendment 1 2 3 1. 94/96-Customs, dated the 16 th December, 1996, G.S.R. 569(E), dated the 16 th December, 1996. In the said notification,- (i) in the table,- (a) after Sl. No. 2A and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely:- 1 2 3 "2B. Cut and polished precious and semi precious stones exported for treatment abroad as referred to in Paragraph 4A.20.1 of the Foreign Trade Policy, other than those falli .....

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..... after condition (4a), following conditions shall be inserted , namely:- " (4b) The unit may transfer capital goods or goods manufactured, produced, processed or packaged in that unit to any other unit in a Special Economic Zone (SEZ) or other Export Oriented Undertaking (EOU) or Electronic Hardware Technology Park (EHTP) unit or Software Technology Park (STP) unit, as the case may be, without payment of duty for the purpose of manufacture and export therefrom or for use within the unit after giving prior intimation to the said officer, subject to maintenance of proper accounts of removal and receipt of goods and following the procedure of in-bond movement of goods; (4c) The unit may remove the capital goods temporarily within the .....

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..... chures, literatures, pamphlets, hoardings, catalogues and posters of products for the purpose of export promotion activities, to the extent of 1.5 (one point five) percent. of the Free on Board (FOB) value of the preceding year's exports: Provided that the export value of such spares, components and promotional materials shall not be taken into consideration for fulfilment of Net Foreign Exchange Earnings (NFE) and for availing Domestic Sale Entitlement as specified in paragraph 6.8 of the Foreign Trade Policy."; (4) for paragraph 11A, the following paragraph shall be substituted, namely:- "11A. Notwithstanding anything contained in this notification, if the said officer is satisfied that the unit engaged in the manufacture of textil .....

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