TMI BlogExemption to specified goods when imported from Nepal under the treaty of Trade between his Majesty's Govt. of Nepal and Govt. of IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... 1 of 1975), (hereinafter referred to as the said Act) read with sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 37/96-Customs, dated the 23 rd July, 1996, [G.S.R. 289(E) dated the 23rd July, 1996), except as respects things done or omitted to be done before such supersession, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods specified in column (2) of the Table below and falling within the First Schedule to the said Act, when imported into India from Nepal, - (a) from the whole of the duty of customs leviable thereon under the said ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... v) Vegetable fats (Vanaspati); (v) Acrylic Yarn; (vi) Copper products falling under Chapter 74 and heading 85.44 of the First Schedule to the said Act, and (vii) Zinc Oxide. 2 3. (i) Vegetable fats (Vanaspati); (ii) Acrylic Yarn; (iii) Copper products falling under Chapter 74 and heading 85.44 of the First Schedule to the said Act, and (iv) Zinc Oxide. 2 and 3 ANNEXURE Condition No. Condition 1. If the goods are wholly produced in Nepal. 2. A (1) The goods are manufactured in Nepal wholly from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Protocol to the Article V of the Treaty of Trade between His Majesty's Government of Nepal and the Government of India to enable them to be considered as manufacrtured or produced or made in Nepal; (vii) Assembly of parts of an artilces to constitute a complete article; (viii) A combination of two or more operations specified in (i) to (vii) above. B. The importer produces a certificate or origin in the Form indicated below, duly certified by an agency designated by His Majesty's Government of Nepal, in respect of the consignment, to the satisfaction of the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, that such goods have in fact been manufactured in Nepal. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ration by the exporter: The undersigned hereby declares that the details furnished above are correct, that the articles are produced in Nepal and that they comply with the Rules of Origin specified in the Treaty of Trade between His Majesty's Government of Nepal and Government of India. _____________________ (Place and Date, Signature of authorised signatory) 13. Certification: It is certified that the articles herein referred to are eligible for preferential treatment as per provisions of the Treaty of Trade between His Majesty's Government of Nepal and the Government of India. It is further certified that: 1. The articles have been manufactured in Nepal at a factory situated at _____ (name of pl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rted in the time period beginning from the 6 th day of March, 2002, and ending on the 5 th day of March, 2003; and (ii) does not exceed seventy per cent. in any subsequent time period , which commences on the 6 th day of March in a given calendar year and ends on the 5 th day of March of the subsequent calendar year ; and (iii) the final process of manufacture is performed in Nepal . Explanation - For the purpose of this notification, the value of materials, parts or produce originating from countries other than India or Nepal shall be the CIF value at the time of impo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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