CBEC NOTIFICATION ISSUED ON 11.04.2011

Ministry of Finance

(Department of Revenue)

To be published in Gazette of India Part-II-Section 3-Sub-sections-(ii), Extraordinary

Notification No.29/2011 - Customs (N.T.)

New Delhi, 11^th April, 2011

     S.O.    (E). In exercise of the powers conferred by clause (a) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 61/94-Customs (NT), dated the 21^st November, 1994, namely: -

(i)  In the said notification, in the Table for serial number 6 relating to the state of Gujarat specified in column (1) and the entries relating thereto in columns (2) , (3) and (4), the following shall, respectively, be substituted, namely:-

 (ii)  for serial number 13 relating to the state of Punjab specified in column (1) and the entries relating thereto in columns (2) , (3) and (4), the following shall, respectively, be substituted, namely:-

 This shall come into force with effect from the date of publication in the Officials Gazette

(VIKAS)
Under Secretary to the Government of India

(F. No.520/49/2009-Cus-VI)

Note :The Principal notification was published in the Gazette of India vide notification No. 61/94-Customs(NT), dated the 21st November, 1994 [S.O. 828(E), dated the 21st November, 1994] and was last amended by notification No. 59/2002-Customs(NT) dated 28th August, 2002.

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[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]

Government of India

Ministry of Finance

(Department of Revenue)

Notification No. 30/2011 - Customs (N.T.)

New Delhi, 11^th April, 2011

G.S.R 312 (E). -  In exercise of the powers conferred by section 75 of the Customs Act, 1962 (52 of 1962), section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A read with section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, namely:-

1.    (1)   these rules may be called the Customs, Central Excise Duties and Service Tax Drawback (Second Amendment) Rules, 2011.

       (2)   They shall come into force on the date of their publication in the Official Gazette.

2.                In the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, in rule 16(A),-

(i) in sub- rule(1), after the words “ such drawback shall”, the following words  shall be inserted, namely:-

“ , except under circumstances or conditions specified in sub-rule (5),”,

(ii) after sub-rule (4), the following sub-rule shall be inserted, namely:-

“(5) Where sale proceeds are not realised by an exporter within the period allowed under the Foreign Exchange Management Act, 1999 (42 of 1999), but such non- realisation of sale proceeds is compensated by the Export Credit Guarantee Corporation of India Ltd. under an insurance cover and the Reserve Bank of India writes off the requirement of realisation of sale proceeds on merits and the exporter produces a certificate from the concerned Foreign Mission of India  about the fact of non-recovery of sale proceeds from the buyer, the amount of drawback paid to the exporter or the claimant  shall not be recovered.”

                   F.No. 605/39/2010-DBK

 (RAJESH KUMAR AGARWAL)

Under Secretary to the Government of India 

Note.-    The principal rules were published vide notification No. 37/95-Customs  (N.T.), dated the 26^th May, 1995, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.441(E), dated the 26^th May, 1995, and was last amended by notification number 9/2011-Customs (N.T.), dated the 10^th  February, 2011 vide number G.S.R. 80 (E), dated the 10^th  February, 2011.