Notification No. 72/2002, Dated 23rd July 2002

23rd July, 2002.

 

Notification No. 72/2002 – Customs

 

                    In exercise of the powers conferred by sub-section ( i ) 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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue ), No. 21/2002 – Customs, dated the 1st March , 2002, namely :-

 

In the said notification ,-

              ( 1 ) in the Table, after S.No.167 and the entries relating thereto, the following S.No. and entries shall be inserted, namely,-

 

(1)(2)(3)(4)(5)(6)
“167AAny Chapter(a) Buckles,’D’ rings,eyelets, hooks and eyes,rivets and studs;
(b)
 Buttons and fasteners of all types;
(c)
  Velcro Hook,Velco tapes and Loop taps;
(d) Elastic Tape adhesive tape and reinforcement tape;
(e)  Stamping foil;
(f)   Sewing Thread;
(g)  Locks including magnetic locks;
(h)  Metal handles, handle fitting,dog hooks, Logos all types, Ring binders Key hooks, Key rings, Key holders, Push clip, Chains,pullers, hinges and magnetic snaps;
(i)    Glow Liners;
(j)    Loop rivets and loop oval.”;
NilNil21A

 

(2)              in the Annexure, -

 

(i)                in Condition No.21, for sub-condition (a) and (b), the following sub-conditions shall respectively by substituted, namely,-

 

Condition No.

Condition

“(a)

the goods are imported by a manufacturer of textile garments or leather garment for use in the manufacture or  said goods for export by that registered with the Apparel Export Promotion Council or Council or Council for Leather Exports, as the case may be, -

(b)

the total value of goods imported shall not exceed 2 per cent of the FOB value of textile garments or leather garments exported during the preceding financial year, however, the value of lining, and inter-lining materials imported shall not exceed 2 per cent of the said total value”;

 

(ii)              after Condition No.21 and the condition relating thereto, the following Conditions No. and shall be inserted, namely,

 

Condition No.

Condition

“21AIf,-

(a)   The goods are imported by a manufacturer of leather footwears, leather gloves, or travel goods, hand bags and similar containers all made of leather, for use in the manufacture of said goods, for export by that manufacturer and the said manufacturer is registered with the Council for Leather Exports;

(b)  the total value of goods imported shall not exceed 1 percent of the FOB value of leather footwear, leather gloves, or travel goods, hand bags and similar containers all made of leather, exported during the preceding financial year;

(c)  the importer produces a certificate from the Council for Leather Exports certifying the value of exports made during the financial year mentioned in sub-condition (b), and also the value and quantity of goods already imported under this notification during the current financial year .”

 

Alok Jha
Under Secretary to the Government of India

F No. 605/201/2001 -DBK

Note :   The principal notification No.21/2002 – Customs dated the 1st March ,2002 –was published in the Gazette of India, (Extraordinary ) vide GSR No.118(E) , dated , the 1st March, 2002 and last amended by notification No.70/2002- Customs dated, the 11th July, 2002 published in the Gazette of India (Extraordinary ) vide GSR No. 490 (E) dated the 11th July, 2002.

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