NOTIFICATION
No. 24/2008-Central Excise
dated 11.4.2008
Exempts certain goods when brought into 100% EOU / STP complex - Reg.
G.S.R.- (E).- In exercise of the powers conferred
by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944),
read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods
of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3
of Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of
1978), the Central Government, on being satisfied that it is necessary in the
public interest so to do, hereby makes the following further amendments in the
notification of the Government of India in the Ministry of Finance (Department
of Revenue), No. 22/2003-Central Excise, dated the 31st March, 2003, published
in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide
number G.S.R. 265 (E), dated the 31st March, 2003, namely:-
In the said notification,-
(1) in the paragraph 2, after clause (v), the following clause shall be
inserted, namely:-
“(va) permit the goods partially processed or manufactured or packaged therefrom
in the unit to be taken out of India for purpose of processing on subcontract
basis and clear therefrom the goods so processed without bringing back into
India:
Provided that the goods partially processed or manufactured or packaged so taken
out of India are specified in the Letter of Permission or Letter of Intent
issued by the Development Commissioner;”;
(2) after the paragraph 8, before the clause (i), the following proviso shall be
inserted, namely:-
“Provided that no such clearance or debonding of capital goods under the Export
Promotion Capital Goods Scheme of Chapter 5 of the Foreign Trade Policy shall be
allowed if the user industry has not fulfilled the positive NFE criteria at the
time of clearance or debonding in terms of Para 6.18 (d) of Foreign Trade
Policy.”;
(3) in paragraph 10A, for the clause (i), the following clause shall be
substituted, namely:-
“(i) the exemption contained herein shall also apply to spares and components,
to the extent of 5 percent. of the Free on Board (FOB) value of the manufactured
articles exported by the user industry during the preceding year for the purpose
of supply of such spares and components for after-sale-service of the exported
articles to the same consignor or buyer to whom manufactured articles were
exported;”;
(4) in ANNEXURE-I, for the entry against Sl. No. 28, the following entry shall
be substituted, namely:-
“Any other item required within the user industry in relation to production for
export goods or services with the prior approval of the Board of Approval or
Inter Ministerial Standing Committee.”.
[F.No: DGEP/FTP/69/2007-EOU & G & J](Aseem Kumar)
Under Secretary to the Government of India
Note: The principal notification No. 22/2003-Central Excise, dated the 31st
March, 2003 was published in the Gazette of India, Extraordinary, Part II,
Section 3, Sub-section (i) vide number G.S.R 265 (E), dated the 31st March, 2003
and last amended by notification No. 29/2007-Central Excise, dated the 6th July,
2007 published vide number G.S.R. 474 (E), dated the 6th July, 2007.
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