Notification No. 26/2000-Cus Dated 01-03-2000

Exemption on specified goods imported under Free Trade Agreement with Sri Lanka.-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 goods of the description specified in column (3) of the Table hereto annexed and falling under the Chapter, heading No. or sub-heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), specified in the corresponding entry in column(2) of the said Table, from so much of that portion of the applied rate of duty of customs as is specified in the corresponding entry in column (4) of the said Table, subject to the following conditions, namely:-

(1) the importer proves to the satisfaction of the Deputy Commissioner of Customs or the Assistant Commissioner of Customs,as the case may be, in accordance with the Customs Tariff( Determination of Origin under the Free Trade Agreement between the Democratic Socialist Republic of Sri Lanka and the Republic of India) Rules, 2000 published with the notification of the Government of India in the Ministry of Finance(Department of Revenue) No.19/2000-Customs(N.T), dated the 1st March, 2000 that the goods in respect of which the benefit of this exemption is claimed are of the origin of Sri Lanka;

(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, not exceeding 8 million pieces, computed from the 1st day of  January, in a calendar year, all of which shall be manufactured from fabrics of Indian origin exported from India to Sri Lanka :

 

Provided that the total quantity of imports shall not exceed 6 million pieces in respect of goods specified in column (2) against S.No.1 of LIST 3 of the said Table.

               

 (ii)    the imports shall be made only through the ports of Mumbai, Nhava Sheva, Chennai, Kolkata or Cochin, or the inland container depots of Tuglakabad or Bangalore.”

 

(Condition No. 2 has been substituted vide Notification No. 57/2005-Cus, Dt. 27-6-05)

(In Cond.2 sub-cond.(ii) has been substituted vide CUS NTF NO. 150/2003 DATE 14/10/2003)

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

(Condition No.2 has been substituted vide Cus Ntf No.126/2002 Date 12/11/2002)

[OLD (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 Tariff Rate Quota, not exceeding 8 million pieces computed from the 1 st day of January, in a calender year , out of which a minimum of 6 million pieces shall be manufactured from fabrics of Indian origin exported from Sri Lanka to India. Provided that for the period from the 1 st day of March, 2000 to the 31 st 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 to Sri Lanka from India.

Provided further that the quantity of imports shall not exceed 1.5 million pieces in respect of each category of goods, as may be specified by the Government of India within the said Tariff Rate Quota.

(ii) the imports shall be made only through the ports of Mumbai and Chennai.]


(3).Omitted

(Condition No.3 has been Omitted vide Customs Notification No.59/2000, Dt. 12-05-2000)

(4) the importer follows the procedure as may be specified by the Government of India from time to time.

(A) "applied rate of duty" means the standard rate of duty specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), with respect to the goods specified in the said Table, read with any other notification for the time being in force, issued in respect of such goods under sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) but not including the notifications of the Government of India in the Ministry of Finance (Department of Revenue) ¹[Nos. 236/89-Customs, dated the 1st September, 1989, 105/99-Customs, dated the 10th August, 1999, 72/2005-Customs, dated the, 67/2006-Customs, dated the 30^th June 2006 and 68/2006-Customs, dated the 30^th June 2006] ^Old[ Nos. 236 / 89-Customs dated the 1 st September, 1989, 26 / 95- Customs dated the 16 th March, 1995 and 105 / 99-Customs dated the 10 th August, 1999.]

(B) "calendar year" means the period starting from the 1 st day of January and ending on the 31 st day of December of the same year.

(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.