|
Government of India
Ministry of Finance
(Department of Revenue)
New Delhi, the April 22, 2002
NOTIFICATION No.48/2002--CUSTOMS
G.S.R.301 (E):- In exercise of the powers conferred by sub-section (i) 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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance
(Department of Revenue), No.21/2002-Customs, dated the March 1, 2002, namely :-
In the said notification,
(ii) against Sr.No.167 in column (3) after entry (to the following entries shall be inserted, namely,-
| (1) |
(2) |
(3) |
(4) |
(5) |
(6) |
| |
|
“(u) Stud;
(v) Elastic cloth and Elastic band;
(w) Quilted wadding materials;
(x) Beads for embroidery;
(y) Sample fabric of total length upto 200 metre imported during one financial
year” |
|
|
|
(2) in the Annexure,-
(i) in condition No.21, for sub-conditions (a) and (b), the following sub-conditions shall respectively be substituted, namely,-
| Condition No. |
Condition
|
| “(a) |
the goods are imported by a manufacturer of textile garments or leather garments or leather footwear or leather gloves, or travel goods, hand bags and similar containers all made of leather for use in the manufacture of said goods for export by that manufacturer and the said manufacturer is registered with the Apparel Export Promotion Council or Council for Leather Exports, as the case may be;-
|
| (b) |
(i) the total value of goods imported shall not exceed 3 percent of the FOB value of textile garments or leather garments exported during the preceding financial year, however the value of lining, and inter-lining materials imported shall not exceed 2 percent of the said total value; and
(ii) the total value of goods imported shall not exceed 1 percent of the FOB value of leather footwear, leather gloves or travel goods, hand bags and similar container all made of leather exported during the preceding financial year”.
|
(ALOK JHA)
UNDER SECRETARY TO THE GOVERNMENT OF INDIA
F.No.605/201/01-DBK
Note: The principal notification No.21/2002-Customs dated the 1st March 2002 was published in the Gazette of India, (Extraordinary) vide GSR No118 (E), dated the 1st March, 2002 and last amended by notification No.37/2002-Customs dated, the 11th April 2002 published in the Gazette of India (Extraordinary) vide GSR No.277(E), dated the 11th April 2002.
|
