Notification No. 75/99-Cus Dated 11-06-99
Anti-dumping duty exemption on articles imported against an Annual Advance Licence for discharging the export obligation.-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 articles imported into
India, against an Annual Advance Licence from whole of the anti-dumping duty
leviable thereon under section 9A of the Customs Tariff Act, 1975 (51 of 1975),
subject to the condition that the exempt articles shall not be disposed of or
utilised in any manner except for utilisation in discharge of export obligation
in accordance with the said Annual Advance Licence.
Explanation - In this notification, "Annual Advance Licence"
means, an annual advance licence issued in terms of paragraph 74A of the Export
and Import Policy 1997 - 2002 published vide notification of the Government of
India in the Ministry of Commerce No. 1 (RE-99)/1997-2002, dated the 31st March,
1999, as amended from time to time.