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Date: 11-04-1997
Notification No: CUSTOMS Notification No 36/1997
Issuing Authority: Indian Customs  
Type: Tariff
File No:
Subject: Exemption to imports against Special Imprest Licence
Exemption to imports against Special Imprest Licence

Notification No. 36 dated 11th April 1997 (As amended by notification nos. 70/99, 101/99, 114/99, 131/99)

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 materials required for the manufacture of the final goods when imported into India, from whole of the duty of Customs leviable thereon, under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely: -

(1)������ that the importer has been granted special imprest licence (hereinafter referred to as the said licence) by the Licensing Authority for the import of the said materials for the aforesaid purpose in terms of paragraph 7.6 of the Export and Import Policy, and the said licence is produced at the time of clearance for debit by the proper officer of the Customs;

(2)������ that the import licence contains the endorsements specifying inter-alia -

(a) the description, quantity and the value of materials allowed to be imported under the said licence;

(b) the description and quantity of materials allowed to be imported duty free; and

(c) the description and quantity of final goods to be manufactured out of, or with, the imported materials;

(3)������ the importer executes a bond with such surety or security and in such form and for such sum as may be specified by the Assistant Commissioner of Customs binding himself to pay on demand, an amount equal to the duty leviable on the imported materials but for the exemption contained herein, in respect of which the condition specified in this notification have not been complied with together with interest at the rate of 15% per annum from the date of clearance of materials;

(4)������ that the importer produces evidence of having discharged obligation to supply final goods to the satisfaction of the said Assistant Commissioner of Customs within a period of thirty days from the expiry of period allowed for fulfilment of obligation to supply final goods or within such extended period as the Assistant Commissioner of Customs may allow; and� �

(5)������ that the exempt materials are utilised for the manufacture of final goods and no portion of such materials shall be loaned, transferred, sold or disposed of in any other manner:

Provided that where final goods in respect of which the said materials have been imported have already been manufactured and supplied as required under this notification, the importer may use the said materials for the manufacture of any other goods.

(6)������ that the imports and exports are undertaken through sea ports at Mumbai, Calcutta, Cochin, Kandla, Mangalore, Marmagoa, Chennai, Nhava Sheva, Paradeep, Tuticorin and Visakhapatnam, or through any of the airports at Ahmedabad, Bangalore, Mumbai, Calcutta, Coimbatore, Delhi, Hyderabad, Jaipur, Chennai, Srinagar, Trivandrum and Varanasi, or through any of the Inland Container Depots at Bangalore, Coimbatore, Delhi, Gauhati, Hyderabad, Kanpur, Ludhiana, Moradabad, Pimpri (Pune) and Pitampur (Indore):

Provided that the Commissioner of Customs may by special order and subject to such conditions as may be specified by him, permit import and export through any other seaport, airport, or inland Container Depot or through the land Customs station.

Explanation -In this notification -

(i)������� �Licensing 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 a licence under the said Act;

(ii)������ �Materials� means -

(a) raw materials, components, intermediates, consumables, computer software and parts required for the manufacture of final goods:

(b) packing materials required for the packing of final goods to be supplied;

(c) supplies made to United Nations Organisation or under the aid programme of the United Nations or other multilateral agencies and paid for in foreign exchange;

(iii)������ �Final goods� means -

(a) supplies made to United Nations Organisation or under the said programme of the United Nations or other multilateral agencies and paid for in foreign exchange;

(b) supplies made to project financed by multilateral or bilateral agencies/Funds as notified by the Department of Economic Affairs, Ministry of Finance under international Competitive Bidding or under limited tender system in accordance with the procedures of those agencies/ funds where the legal agreements provide for tender evaluation without including the Customs duty;

(c) supplies made to units in the free trade zones and hundred per cent export oriented undertaking (excluding free trade zone unit/export oriented undertakings engaged in Diamond, Gem and Jewellery);

(d) supply of capital goods and spares to the extent of 10% of the value of such capital goods for fertiliser plants if the supply is made under the procedure of international competitive bidding;

(e) supply of capital goods to the holders of licence under the paragraph 6.2 of the Export and Import Policy for import of such capital goods at zero duty.

(f) supplies of goods to any project or purpose in respect of which the Ministry of Finance, by a notification permits the import of such goods at zero customs duty coupled with the extension of benefits under Chapter 7 of the Export and Import Policy for domestic supplies;

(g) goods specified in list 8A of the Annexure to the notification of the Government of India in the Ministry of Finance, Department of Revenue 23/98-Customs, dated the 2nd June, 1998, for supply to any refinery set up under the Ninth Five Year Plan;

(h) supply of goods to any of the mega power projects specified in List 33 appended to the notification of the Government of India in the Ministry of Finance (Department of Revenue) no. 20/99-Customs dated the 28th February, 1999, if such mega power project is -

(1) an inter-state thermal power plant of a capacity of 1500 MW or more; or

(2) an inter-state hydel power plant of a capacity of 500 MW or more��

-as certified by an officer not below the rank of a Joint Secretary to the Government of India in the Ministry of power.

(i) supply of goods to Talcher-I and Talcher-II transmission projects in terms of the Public Notice of the Government of India in the Ministry of Commerce No. 18 (RE:99)/1997-2002 dated the 1st July, 1999.

(j) supply of goods to Sasaram HVDC East-North Interconnector Project in terms of the Public Notice of the Government of India in the Ministry of Commerce No. 25 (RE:99)/1997-2002, dated the 28th July, 1999.

(k) supply of goods to the three OECF assisted projects, namely, Faridabad Gas Based Power Project of NTPC, Simhadri Thermal Power Project of NTPC and Bakreshwar Thermal Power Project of WBPDCL in terms of the Public Notice of the Government of India, in the Ministry of Commerce No. 30 (RE:99)/1997-2002, dated the 6th September, 1999.

(l) supply of goods to the Maharashtra State Electricity Board for execution of Maharashtra Power Projects in terms of the Public Notice of the Government of India in the Ministry of Commerce No. 31 (RE:99)/1997-2002, dated the 23rd September, 1999.

(m) supply of goods to Rihand-Sasaram-Biharsharif HVDC Link Back to Back Station Project in terms of the Public Notice of the Government of India in the Ministry of Commerce No.38 (RE:99)/1997-2002, dated the 5th November, 1999.

(iv) �Free Trade Zone� and �Hundred per cent Export Oriented Undertaking� have the same meaning as in Explanation 2 to sub-section (1) of section 3 of the Central Excise Act, 1944 (1 of 1944);

(v) �Export and Import Policy�, means Export and Import Policy, 1 April 1997-31 March 2002 notified by Ministry of Commerce vide notification no. 1/1997-2002, dated the 31st March 1997.

 

       

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