TMI BlogExemption to materials required for manufacture of the final goods when imported under Advance licence for deemed exporterX X X X Extracts X X X X X X X X Extracts X X X X ..... the duty of Customs leviable thereon, under the First Schedule to the Customs Traiff Act, 1975 (51 of 1975), and from the whole of the additional duty leviable thereon 2 [ under sub-sections (1), (3) and (5) of section 3 ] of the said Customs Traiff Act subject to the following conditions, namely:- (1) that the importer has been granted Advance Licence for deemed exports in terms of paragraph 7.3(c) of the Export and Import Policy or Annual Advance licence for Deemed Exports in terms of paragraph 7.2 of the Export and Import Policy 1997- 2002, notified by the Government of India in the Ministry of Commerce, vide notification No.1(RE-00)/1997-2002 dated the 31 st March, 2001, as the case may be, (hereinafter referred to as the said ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ty Commissioner of Customs may allow; and (5) that the exempt materials are utilised for the manufacture or final goods and no portion of such materials shall be loaned, transferred, sold or disposed of in any other manner: Provided that where final goods in respect of which the said materials have been imported have already been manufactured and supplied as required under this notification, the importer may use the said materials for the manufacture of any other goods; (6) that the imports and exports are undertaken through sea ports at Mumbai, Calcutta, Cochin, Kandla, Mangalore, Marmagoa, Chennai, Nhava Sheva, Paradeep, Tuticorin, Visakhapatnam, Kakinanda, Magdalla, Sikka, Pipavav, Jamnagar and Muldwarka or through any of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... grant a licence under the said Act; (ii) materials means - (a) raw materials, components, intermediates, consumbales, computer software and parts required for the manufacture of final goods; (b) packing materials required for the packing of final goods to be supplied; (iii) final goods means,- (a) supplies made to the United Nations Organisation or under the aid programme of theUnited Nations or other multilateral agencies and paid for in foreign exchange; (b) supplies made to projects financed by multi-lateral or bilateral agencies/Funds as notified by the Government of India in the Ministry of Finance (Department of Economic Affairs) under international competitive bidding in accordance with the procedures of those a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... generation and Transition) specified in list 33 appended to the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 16/2000-Custom dated the 10th March, 2000 if such Mega Power Project. (1) an inter-state thermal power plant of a capacity of 1500 MW or more; or (2) an inter-state hydel power plant of a capacity of 500 MW or more; - as certified by an officer not below the rank of Joint Secretary to the Government of India in the Ministry of Power; (j) supply of goods to Talcher-II and Talcher-II transmission projects in terms of the Public Notice of the Government of India in the Ministry of Commerce No.18 (RE:99)/1997-2000, dated the Ist July, 1999. (k) supply of goods to Sasaram HVDC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inistry of Commerce, No.18(RE-01)/1997-2002, dated the 7th June, 2001. (iv) free trade zone , and hundred percent export oriented units have the same meaning as in Explanation 2 to sub-section (1) of section 3 of the Central Excise Act, 1944 (1 of 1944); (v) Export and Import Policy means Export and Import Policy, 1997-2002, notified by the Government of India in the Ministry of Commerce vide notification number 1(RE-99)/ 1997-2002, dated the 31st March, 2000. ------------------------------------------ Notes:- (As amended by Notification Nos. 140/2000 dated 14/11/2000 , 60/2001 dated 30/5/2001 , 121/2001 dated 19/11/2001 , 113/2002 dated 16/10/2002 , 84/2003 dated 27/5/2003 , 97/2003 dated ..... X X X X Extracts X X X X X X X X Extracts X X X X
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