Notification No. 126/2002, Dated 12th Nov 2002

Dated: Nov 12, 2002

Notification NO 126/2002- Customs

            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 directs that each of the notifications of the Government of India in the erstwhile Ministry of Finance (Department of Revenue) specified in column (2) of the Table hereto annexed, shall be amended or further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table .

Table

S.No

Notification No. and date

Amendment

(1)

(2)

(3)

1

26/2000-Customs, dated the 1stMarch, 2000

In the said notification ,

(a) for condition(2), the following condition shall be substituted, namely:-

(2) in respect of articles of apparel and clothing accessories specified in List 3 of the Table,-

(i) the exemption shall apply to a quantity of imports , hereinafter referred to as the Tariff Rate Quota, not exceeding 8 million pieces computed from the 1st day of January, in a calendar year, out of which a minimum of 6 million pieces shall be manufactured from fabrics of Indian origin exported from India to Sri Lanka:

Provided that where the number of pieces manufactured from fabrics, which are not of Indian origin, exceeds 2 million pieces but does not exceed 4 million pieces, a minimum of 4 million pieces shall be manufactured from fabrics of Indian origin exported from India to Sri Lanka.

Provided further that for the period from the 1st day of March 2000 to the 31st day of December 2000, the Tariff Rate Quota shall not exceed 6.67 million pieces out of which a minimum of 5 million pieces shall be manufactured from fabrics of Indian origin exported from India to Sri Lanka.

Provided also that the quantity of imports shall not exceed 2 million pieces in respect of each category of goods as may be specified by the Government within the said Tariff Rate Quota.

(ii) the imports shall be made only through the ports of Mumbai , Nhava Sheva, Chennai and Kolkata.;

(b) in the Explanation , after (B), the following shall be inserted namely:-

(C) in the case of goods specified at S. No 1 in LIST 3, the duty payable after applying the concession specified therein, will be as per the ad valorem rate or specific rate, whichever is higher.;

(c) in the Table, for LIST-3, the following List shall be substituted, namely:-

LIST-3

(1)

(2)

(3)

(4)

1.

6203.42, 6205.20, 6204.62, 6206.30, 6105.10, 6212.10, 6206.40, 6109.10, 6203.33, 6109.90, 6110.30, 6204.33, 6204.69, 6203.43, 6204.43, 6110.20, 6208.92, 6110.90, 6204.42, 6106.10, 6204.49, 6211.42, 6203.39, 6105.90, 6205.90, 6204.39, 6105.20, 6108.22, 6204.44, 6106.90, 6203.49, 6203.32, 6208.11, 6204.13, 6107.11, 6201.93, 6106.20, 6108.21

All goods

50% of the ad valorem rate or 75% of the specific rate, whichever is higher

 

2.

61 or 62

All goods, other than those specified in S. No.1 above

50%.

2.

60/2000-Customs, dated the 12th May,2000

In the said notification, for condition (3), the following condition shall be substituted, namely:-

(3) the imports shall be made only through the ports of Mumbai, Kolkata, Cochin and Visakhapatnam;

Aman Kumar Singh
Under Secretary to the Government of India

F.No. 354/77/98-TRU(Part)

Note: 1) The principal notification No. 26/2000-Customs dated the 1st March, 2000, was published in the Gazette of India, Extraordinary, dated the 1st March, 2000, vide G.S.R. 178(E) dated the 1st March 2000 and was last amended by notification No. 24 /2002-Customs dated the 1st March 2002 [G.S.R.121 (E) dated the 1st March 2002].

2) The principal notification 60/2000-Customs dated the 12th May 2000 was published in the Gazette of India, Extraordinary vide G.S.R. 434 (E) dated the 12th May 2000.

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Copyright © 2009 - 2024 www.seair.co.in. All Rights Reserved.