04th December, 2003.
Notification No. 174/2003 - Customs
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 makes the following further amendments in the
notification of the Government of India in the Ministry of Finance (Department
of Revenue), N0.21/2002-Customs, dated the 1st March, 2002, namely
:-
(1) In the Table, after Sr.No.167A and the entries relating thereto, the
following S. No. and entries shall
be inserted, namely :-
(1) (2) (3)
(4)
(5)
(6)
“167B
Any (a) Zipper, fastener and slider ;
Nil
Nil
21B
Chapter (b) Lace ;
(c)
Velcro tape ;
(d)
Elastic tape, curtain tape and
edgeband tape ;
(e)
Curtain hook ;
(f)
Button and eyelet ;
(g)
Tassel ;
(h)
Bead and sequin ;
(i)
Insert ;
(j)
Sample fabric of total length upto
500 metres imported
during one
financial year” ;
(2) In the Annexure, after
condition No.21A and the entries relating thereto, the following condition and
entries shall be inserted, namely: -
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Condition
Conditions
No.
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“21B
If, -
(a)
the goods are imported by a manufacturer of cotton made ups for
use in the manufacture of said goods for export by that manufacturer and the
said manufacturer is registered with the Cotton Textile Export Promotion
Council;
(b)
the total value of goods imported shall not exceed 1 per cent of
the FOB value of made ups exported during the preceding financial year;
(c)
the importer produces a certificate from the Cotton Textile Export
Promotion Council certifying the value of exports made during the financial year
mentioned in sub-condition (b), and also the value and quantity of goods already
imported under this notification during the current financial year”.
Syed Mahmood Akhter
Under Secretary to the
Government of India
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