Exports to Nepal on Par with Export to other Countries
[CBEC Circular No. 958 dated
13th January 2012]
Sub: Revised Treaty of
Trade between India and Nepal.
Pursuant to Revised Treaty
of Trade between Government of India and Government of Nepal, exports to Nepal
have been put at par with exports to other countries (except Bhutan). In this
regard, six Notification Nos. 24/2011-Central Excise(N.T), 26/2011-Central
Excise(N.T), 27/2011-Central Excise(N.T), 28/2011-Central Excise(N.T), and
29/2011-Central Excise(N.T), all dated 5.12.2011 have been issued to amend earlier
Notification Nos 19/2004-Central Excise(N.T) dated
6.09.2004, 42/2001-Central Excise(N.T) dated 26.06.2001, 43/2001CE(N.T) dated
26.06.2001, 44/2001-Central Excise(N.T) dated 26.06.2001 and 45/2001-Central
Excise(N.T) dated 26.06.2001, respectively. Notification no. 25/2011-Central Excise(N.T) dated 5.12.2011 has rescinded the earlier
Notification No. 20/2004-Central Excise(N.T) dated 6.09.2004. These amendments abolish the existing DRP for
exports to Nepal and puts export to Nepal at par with exports to other
countries (except Bhutan). All these notifications have been made effective
from 1st March, 2012.
2. Difficulties anticipated/ faced, if any in
implementation of the revised procedure, may be brought to the notice of the
Board.
4. Field Formations and Trade may also be
suitably informed.
F.No.201/03/2010-CX.6