Sugar Duty Exempted on Advance Authorization Based Export

[Customs Notification No. 41 dated 6^th July 2016]

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 amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 27/2011-Customs, dated the 1st March, 2011, published in the Gazette of India, Extraordinary, vide number G.S.R. 153(E), dated the 1st March, 2011, namely :-

In the said notification, in the Table, after serial number 62 and the entries relating thereto the following entry shall be inserted, namely:-

(1)

(2)

(3)

(4)

“63

1701

Sugar exported against a valid Advance Authorization issued by the Regional Authority that is to say the Director General of Foreign Trade appointed under section 6 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) or an officer authorized by him to grant an authorization under the said Act subject to the conditions that:

(a) Exports are effected in proportion to the import of raw sugar against the said Advance Authorization;

(b) Advance Authorization holder has not got the said Authorization invalidated;

(d) At the time of clearance of export consignment at port, the exporter submits a copy of the bill of entry as documentary proof of import of raw sugar under the said Advance Authorization to the jurisdictional proper officer of customs.

Nil”.

[F.No.354/260/2015 -TRU]