Notification No. 113/2003-Cus -Exemption on castor oil cake when manufactured from indigenous castor oil seeds on indigenous plant and machinery by a unit in SEZ.

Notification No. 113/2003-Cus Dated 22-07-2003

Exemption on castor oil cake when manufactured from indigenous castor oil seeds on indigenous plant and machinery by a unit in SEZ.- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with sub-section (6) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts ²[and castor de-oiled cake falling under item 2306 9027] ^old[castor oil cake falling under item 23 06 9017] of the First Schedule to the said Customs Tariff Act, when manufactured from indigenous castor oil seeds on indigenous plant and machinery by a unit in special economic zone, which was in existence prior to the 1st day of November, 2000 and brought to domestic tariff area in accordance with the provisions of ¹[ the Special Economic Zones Act, 2005 (28 of 2005) and the Special Economic Zones Rules, 2006] ^old[Foreign Trade Policy], from the whole of the duty of customs leviable thereon under the said First Schedule and the additional duty, if any, leviable thereon under section 3 of the said Customs Tariff Act,

³[Provided that exemption contained in this notification shall not apply in the cases where castor oil cake falling under item 23069017 and castor de-oiled cake falling under item 230690 27 of the First Schedule to the said Customs Tariff Act are manufactured out of inputs on which duty drawback or benefit under Duty Entitlement Passbook (DEPB) schemes or any other export benefit as admissible under the Foreign Trade Policy has been availed of either by the unit in special economic zone or by the supplier of inputs, as the case may be.]

2. This notification shall come into force on and from the *11th day of May, 2004.

(Bold letters above has been substituted by Notification No. 45/2004 dated 28-2-2004

⁴[3. Nothing contained in this notification shall have effect after the ⁶[31st March, 2026] ^[helldodold[⁵[30^th September, 2024] ^old[31^st March, 2024.]]^helldod]

¹[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).]

^old[Explanation. - For the purposes of this notification,-

(i) “Foreign Trade Policy” means the Foreign Trade Policy, 1^st September, 2004-31^st March, 2009” published by the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2004-09, dated the 31^st August, 2004, as amended from time to time.

(ii) “special economic zone” means the special economic zone as specified in the notification issued under section 76A of the Customs Act, 1962 ( 52 of 1962).]

1. Substituted vide Notification No. 16/2007-Customs Dated 21/2/2007

2. Substituted vide Notification No. 118/2007-Customs Dated 17/12/2007

3. Inserted vide Notification No. 118/2007-Customs Dated 17/12/2007

4 Inserted Vide:- Notification No. 12/2023-Customs Dated 01/02/2023 [w.e.f 02.02.2023]

5. Substituted vide Notification No. 07/2024-Customs Dated 29/01/2024

6. Substituted vide Notification No. 38/2024-Customs Dated 23/07/2024 [w.e.f 24.07.2024]

as amended by Notification Nos.129/2003 dated 14-8-2003, 151/03 dated 14-10-2003, 169/2003 dated 29-11-2003, 180/2003 dated 31-12-2003, 45/2004 dated 28-2-2004, 50/2004 dated 31-3-2004, 58/2004 dated 30-4-2004, 87/2004 dated 6-9-2004, 16/2007-Cus 21/2/2007 and 118/2007-Cus dt. 17/12/2007.]