GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Regarding implementation of Merchandise Export from India Scheme (MEIS) under FTP 2015-2020

Customs - 24/2015 - Dated:- 8-4-2015 - [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 24/2015 - Customs New Delhi, the 8th April, 2015. G.S.R. 269 (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goo .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

le thereon 6[under sub-sections (1), (3) and (5) of section 3] of the said Customs Tariff Act. 2. The exemption shall be subject to the following conditions, namely :- (1) that the duty credit in the said scrip is issued - (a) against exports of notified goods or products to notified markets as listed in Appendix 3B of Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020; (b) against exports of notified goods or products transacted through e-commerce platform as listed in Appendix .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

en through the seaports, airports or through the inland container depots or through the land customs stations as mentioned in the Table 2 annexed to the Notification No. 16/2015- Customs dated 01.04.2015 or a Special Economic Zone notified under section 4 of the Special Economic Zones Act, 2005 (28 of 2005): Provided that the Commissioner of Customs may within the jurisdiction, by special order, or by a Public Notice, and subject to such conditions as may be specified by him, permit import and e .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

th the Customs Authority at the port of registration specified on the said scrip; (5) that the said scrip is produced before the proper officer of customs at the time of clearance for debit of the duties leviable on the goods and the proper officer of customs taking into account the debits already made under this exemption and debits made under the notification Nos. 20/ 2015 - Central Excise, dated the 8th April, 2015 and 10/ 2015 -Service Tax, dated the 8th April, 2015, shall debit the duties l .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ail of the drawback of the duty of customs leviable under the First Schedule to the said Customs Tariff Act against the amount debited in the said scrip; (9) that the importer shall be entitled to avail drawback or CENVAT credit of additional duty leviable 6[under sub-sections (1), (3) and (5) of section 3] of the said Customs Tariff Act against the amount debited in the said scrip; (10) that the benefit under this notification shall not be available to the items listed in Appendix 3A of Appendi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

puts or goods including capital goods; (IV) ITC (HS) has the same meaning as assigned to it in paragraph 9.27 of the Foreign Trade Policy; (V) Regional Authority means the Director General of Foreign Trade appointed under section 6 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) or an officer authorised by him to grant an authorisation including a duty credit scrip under the said Act. Table Export categories or sectors ineligible for duty credit scrip entitlement i EOUs .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ed in Appendix 3B of Appendices and Aayat Niryat Forms of Foreign Trade Policy 2015-2020;] viii Service Export; ix Red sanders and beach sand; x Export product which are subject to Minimum export price or export duty; xi Diamond, Gold, Silver, Platinum, other precious metal in any form including plain and studded jewellery and other precious and semi-precious stones; xii Ores and concentrates of all types and in all formations; xiii Cereals of all types; 2[xiv Sugar of all types and all forms, u .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version