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Circular No. 59/97-Cus.
dated 10/ 11/ 97
 
 
Ministry of Finance,
Department of Revenue
(Central Board of Excise and Customs)
F.T.T. Section, New Delhi
Subject : Inclusion of Visakhapatnam EPZ in Notification No. 177/94-Cus - To enable setting up of Jewellery Units in the
               Zone
 
        I am directed to enclose a copy of the Notification No. 83/ 97-Cus dated 27.10.97 and to say that the Visakhapatnam Export Processing Zone (VEPZ) is functioning since 1994-95. It was not included in the Notification No. 177/ 94-Cus. governing Gem & Jewellery in the EPZ / FTZ as there were no jewellery units earlier. Notification No. 83 / 97-Cus dated 27.10.97 amends notification No. 177/ 94-Cus. dated 21.10.94 to include VEPZ in Annexure II of the said Notification. This amendment will facilitate Gems & Jewellery Units set up in the VEPZ to source specified goods duty free. Visakhapatnam, Mumbai, Chennai, Hyderabad have also been notified as airports through which export of Gem & Jewellery manufactured in units set up in VEPZ can be exported.

2.    You are requested to give wide publicity to the above said notification by issue of Public Notice.

 
Sd/-
(O.P. Khanduja)
Senior Technical Officer
(FTT Section)