Notification No. 16/2007-Cus Dated 21/2/2007

Amendment in Notification Nos. 113/2003-Cus and 45/2005-Cus - regarding substitution of FTP.-G.S.R.98(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 Ministry of Finance (Department of Revenue), specified in column (2) of the Table given below 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

 

Sr. No.

Notification No. and Date

Amendment

(1)

(2)

(3)

1.

113/2003-CUSTOMS, dated the 22nd July, 2003

In the said notification.-

(1) in paragraph 1, for the words “Foreign Trade Policy” the words, figures and brackets “the Special Economic Zones Act, 2005 (28 of 2005) and the Special Economic Zones Rules, 2006” shall be substituted.

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

Explanation.- For the purpose of this notification ‘Special Economic Zone’ means Special Economic Zone as notified under section 4 of the Special Economic Zones Act, 2005 (28 of 2005).”.

2.

45/2005-CUSTOMS, dated the 16th May, 2005

In the said notification,-

(i) for the words and figures “the Foreign Trade Policy 2004-2009”, the words and figures “the Special Economic Zones Act, 2005 (28 of 2005) and the Special Economic Zones Rules, 2006” shall be substituted;

(ii) after the proviso the following proviso shall be inserted, namely:-

“Provided further that no such exemption shall be applicable to the following goods, namely:-

(a) Microprocessor for computer, other than mother boards;

(b) Floppy disc drive;

(c)  Hard disc drive;

(d) CD-ROM drive;

(e) DVD Drive;

(f) USB Flash memory;

(g) Combo drive

(h) Cellular Phones, and

(i) Radio trunking terminals.”.

(iii)   in the Explanation, for the words, figures, and bracket “section 76 A of the Customs Act, 1962 (52 of 1962)”, the words, figure and bracket “section 4 of the Special Economic Zones Act, 2005 (28 of 2005)” shall be substituted .

3.

20/2006-Customs     dated the 1st March, 2006

In the said notification in the Table, S.No. 7 and the entries relating thereto shall be omitted.

F.No.305/2/2007-FTT

 Anupam Prakash, Under Secretary