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ICES-changes through Finance Bill 2001-Assessment of goods chargeable to additional duty on the basis of Retail Sale Price (RSP) and chargeable to National Calamity Contingency Duty (NCD) - reg.

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..... ublic Notice No. 38/2001 DT: 30/3/2001 Subject: - ICES-changes through Finance Bill 2001-Assessment of goods chargeable to additional duty on the basis of Retail Sale Price (RSP) and chargeable to National Calamity Contingency Duty (NCD) - reg. Attention of Importers, Exporters, Customs House Agents and trade in general is invited to clauses 110(b) and 129 (1) & (2) of the Finance Bill, 2001 re .....

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..... o be filed at the service center by the importers/CHAs shall be amended as follows After serial no.....(Invoice details) and before serial no....(claim of assessment) the following serial no. shall be inserted, namely: - (a) Whether any of the items is leviable to additional duty under section 3 of CTA, 1975 with reference to the retail sale price on the article Y/N. (b) If yes furnish the foll .....

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..... noted as three separate entries in the aforesaid serial no.....(Claim of assessment) since they would having three separate retail prices. Provision has been made in the system to declare different RSP for part of quantity of goods covered by an item in the bill of entry if the goods are intended to be sold at different retail prices. Each article which has different characters, specifications i .....

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..... checked and RSP declared in respect of all such articles, which require declaration of RSP. Provision has also been made for amendment of declared RSP at different stages subject to appropriate approvals wherever required. For any difficulties/clarification assesses are advised to contact Deputy Commissioner (EDI) at Air Cargo Complex. (A. P. SUDHIR) COMMISSIONER OF CUSTOMS
Circular, Trade .....

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