10th December,
2002.
Notification
No. 59/
2002-Central Excise
In exercise of the powers conferred by sub-section (1) of section 5A of
the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3
of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58
of 1957), 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 erstwhile Ministry of Finance (Department of Revenue) vide
number 52/2000-Central Excise,
dated the 19th October,
2000, namely,-
In the said
notification, for paragraph 4, the following paragraph shall be substituted,
namely,-
“ 4. Notwithstanding anything contained in this notification, the said
unit engaged in trading shall be allowed to clear the said goods in the Domestic
Tariff Area on payment of applicable duty subject to achievement of Net Foreign
exchange Earning cumulatively:
Provided that no duty shall be levied on the said goods if such clearance
is against Advance License or special duty free entitlement as per the provision
of Export and Import Policy or to other Special Economic Zone or Export Oriented
Undertaking or Export Processing Zone or Electronic Hardware Technology Park or
Software Technology Park units.”.
Vijay Mohan Jain
Under
Secretary to the Government of India
F.No.305/01/2002-FTT
Note: The principal notification No. 52/2000-Central Excise, dated the 19th October, 2000, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide GSR 803(E), dated the 19th October, 2000, and was last amended by notification No. 38/2002-Central Excise, dated the 13th August, 2002, (vide GSR 560(E) dated the 13th August, 2002).
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