TMI BlogSeeks to remove pre-import condition and include specified deemed export supplies for exemption from integrated tax and Compensation cess for materials imported against Advance Authorizations and Advance Authorizations for Annual RequirementX X X X Extracts X X X X X X X X Extracts X X X X ..... by makes the following further amendments in each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, in the manner as specified in the corresponding entry in column (3) of the said Table, namely :- Table S. No. Notification number and date Amendments (1) (2) (3) 1. 18/2015-Customs, dated the 1st April, 2015 [published vide number G.S.R. 254 (E), dated the 1st April, 2015] In the said notification,- (a) (a) after condition (vi), the following conditions shall be inserted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... porter furnishes proof to this effect to the satisfaction of the Deputy Commissioner of Customs, or the Assistant Commissioner of Customs, as the case may be, then the imported materials may be cleared without furnishing a bond specified in condition (vi)(a); ; (b) in condition (viii), for the second proviso, the following proviso shall be substituted, namely:- Provided further that notwithstanding anything contained hereinabove for the said authorisations where the exemption from integrated tax and the goods and services tax compensation cess leviable thereon under sub-section (7) and sub-section (9) respectively of section 3 of the said Customs Tariff Act, has been availed, the export obligation shall be fulfilled by physical ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... imported materials under sub-section (7) and sub-section (9) respectively of section 3 of the said Customs Tariff Act on the imported materials but for the exemption contained herein, then such imported materials may be cleared without furnishing a bond specified in this condition; (v)(b) that in respect of imports made after the discharge of export obligation in full, and if facility of input tax credit under relevant Goods and Services Tax law has not been availed on inputs used in the manufacture and supply of goods exported and the importer furnishes proof to this effect to the satisfaction of the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, then the imported materials may be cleared ..... X X X X Extracts X X X X X X X X Extracts X X X X
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