CUS NTF NO.44/2003 DATE 21/03/2003
EPCG – Export Obligation Period Extended Units Affected by Gujarat Quake
G.S.R. (E), 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 below shall be further
amended, in the manner as specified in the corresponding entry in column (3) of the
said Table, namely:–
TABLE
| Sl. No. | Notification No. and
Date | Amendment |
| (1) | (2) | (3) |
| 1. | 111/95-Customs, dated the 5th June, 1995 |
In the said notification, in paragraph 2, in condition (8), for the proviso, the
following provisos shall be substituted, namely:–
“Provided that in respect of licence holder units affected by the earthquake in the
State of Gujarat in the month of January 2001, the Licensing Authority may grant
extension in the overall period of export obligation up to one more year:
Provided further that in case of a licence holder unit referred to in the first proviso,
having overall export obligation period of 13 years and in case of other licence
having export obligation period of 12 years, extension of overall period of export
obligation shall not be allowed:
|
| 2. | 28/97-Customs, dated the 1st April,
1997 |
In the said notification, in the opening paragraph, in condition (6), for the proviso,
the following provisos shall be substituted, namely:–
“Provided that in respect of licence holder units affected by the earthquake in the
State of Gujarat in the month of January 2001, the Licensing Authority may grant
extension in the overall period of export obligation up to one more year:
Provided further that in case of a licence holder unit referred to in the first proviso,
having overall export obligation period of 13 year and in case of other licence having
export obligation period of 12 years, extension of overall period of export obligation
shall not be allowed.”
|
| 3. | 29/97-Customs, dated the 1st April, 1997 | In the said notification, in paragraph 2, in condition (7), for the
proviso, the following provisos shall be substituted, namely: –
“Provided that in respect of licence holder units affected by the earthquake in the
State of Gujarat in the month of January 2001, the Licensing Authority may grant
extension in the overall period of export obligation up to one more year:
Provided further that in case of a licence holder unit referred to the first proviso,
having overall export obligation period of 13 years and in case of other licence
having export obligation period of 12 years, extension of overall period of export
obligation shall not be allowed.”;
|
| 4. | 49/2000-Customs, dated the 27th April,
2000 | In the said notification, in paragraph 2, in condition (6), for the
proviso, the following provisos shall be substituted, namely:–
“Provided that in respect of licence holder units affected by the earthquake in the
State of Gujarat in the Month of January 2001, the Licensing Authority may grant
extension in the overall period of export obligation up to one more year:
Provided further that in case of a licence holder unit referred in the first proviso,
having overall export obligation period of 13 years and in case of other licence
having export obligation period of 12 years, extension of overall period of export
obligation shall not be allowed.”;
|
| 5. | 44/2002-Customs, dated the 19th April, 2002 | In the said notification in paragraph 2, in condition (5), for the proviso, in following provisos shall be substituted, namely:–
“ Provided that in respect of licence holder units affected by the earthquake in the
State of Gujarat in the month of January 2001, the Licensing Authority may grant
extension in the overall period of export obligation up to one more year:
Provided further that in case of a licence holder unit referred to in the first proviso,
having overall export obligation period of 13 years and in case of other licence
having export obligation period of 12 years, extension of overall period of export
obligation shall not be allowed.”;
|
Sd/-
(S.M. Akhter)
Under Secretary to the Government of India
F. No. 607/41/2002-DBK
Note: The principal notification No. 11/95-Customs dated, the 5th June 1995
was published in the Gazette of India, Extra-ordinary vide GSR 481(E), dated the
5th June, 1995 and was lastly amended by notification
No. 116/2002-Customs [GSR 728 (E), dated the 28th October, 2002.]. The principal notification No. 28/97–Customs, dated the 1st April, 1997 was published in the Gazette of India,
Extra-ordinary vide GSR 184 (E), dated, the 1st April, 1997 and was lastly amended
by notification
No. 14/2003-Customs [GSR 46(E) dated, the 21st January, 2003].
The principal notification No. 29/97-Customs dated, the 1st April 1997 was
published in the Gazette of India. Extra-ordinary vide GSR 185(E), dated the 1st
April, 1997 and was lastly amended by notification No. 116/2002-Customs [GSR
728(E), dated the 28th October, 2002], The principal notification No.
49/2000-Customs dated. the 27th April, 2000 was published in the Gazette of India,
Extra-ordinary vide GSR 365(E), dated the 27th April, 2000 and was lastly amended
by notification No. 44/2002 – Customs dated, the 19th April, 2002 was published in
the Gazette of India, Extra-ordinary vide GSR 293 (E), dated the 19th April 2002
and was lastly amended by notification No. 116/2002 Customs [GSR 728 (E), dated
the 28th October, 2002].
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