Regularisation of EO Default – Interest not to Exceed Original Duty Amount

[Customs Notification No. 46 dated 26th September 2013]

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 each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table below, which shall be amended or further amended, as the case may be, in the manner as specified in the corresponding entry in column (3) of the said Table, namely :-

Table

Sl. No.

Notification number and date

Amendments

(1)

(2)

(3)

1

160/1992-Customs, dated the 20th April, 1992 [Vide number G.S.R. 423 (E), dated the 20th April, 1992]

In the said notification, after the opening paragraph and before the Table, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

2

203/1992-Customs, dated the 19th May, 1992 [Vide number G.S.R. 536 (E), dated the 19th May, 1992]

In the said notification, after the opening paragraph and before the Explanations, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

3

204/1992-Customs, dated the 19th May, 1992 [Vide number G.S.R. 537 (E), dated the 19th May, 1992]

In the said notification, after the opening paragraph and before the Explanations, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

4

307/1992-Customs, dated the 28th December, 1992 [Vide number G.S.R. 946 (E), dated the 28th December, 1992]

In the said notification, after the opening paragraph and before the Table, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

5

104/1993-Customs, dated the 16th March, 1993 [Vide number G.S.R. 287 (E), dated the 16th March, 1993]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

6

122/1993-Customs, dated the 14th May, 1993 [Vide number G.S.R. 417 (E), dated the 14th May, 1993]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

7

79/1995-Customs, dated the 31st March, 1995 [Vide number G.S.R. 308 (E), dated the 31st March, 1995]

In the said notification, after the opening paragraph and before the Explanations, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

8

80/1995-Customs, dated the 31st March, 1995 [Vide number G.S.R. 309 (E), dated the 31st March, 1995]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

9

106/1995-Customs, dated the 2nd June, 1995 [Vide number G.S.R. 475 (E), dated the 2nd June, 1995]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

10

107/1995-Customs, dated the 2nd June, 1995 [Vide number G.S.R. 476 (E), dated the 2nd June, 1995]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

11

110/1995-Customs, dated the 5th June, 1995 [Vide number G.S.R. 480 (E), dated the 5th June, 1995]

In the said notification, after the opening paragraph and before the Table, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

12

111/1995-Customs, dated the 5th June, 1995 [Vide number G.S.R. 481 (E), dated the 5th June, 1995]

In the said notification, after paragraph 2 and before the Table, the following paragraph shall be inserted, namely:-

 

“3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

13

130/1995-Customs, dated the 25th August, 1995 [Vide number G.S.R. 598 (E), dated the 25th August, 1995]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

14

148/1995-Customs, dated the 19th September, 1995 [Vide number G.S.R. 657 (E), dated the 19th September, 1995]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

15

149/1995-Customs, dated the 19th September, 1995 [Vide number G.S.R. 658 (E), dated the 19th September, 1995]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

16

28/1997-Customs, dated the 1st April, 1997 [Vide number G.S.R. 184 (E), dated the 1st April, 1997]

In the said notification, after the paragraph 2 and before the Table, the following paragraph shall be inserted, namely:-

“3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

17

29/1997-Customs, dated the 1st April, 1997 [Vide number G.S.R. 185 (E), dated the 1st April, 1997]

In the said notification, after the paragraph 3 and before the Table, the following paragraph shall be inserted, namely:-

“4. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

18

30/1997-Customs, dated the 1st April, 1997 [Vide number G.S.R. 186 (E), dated the 1st April, 1997]

In the said notification, after the paragraph 2 and before the Explanation, the following paragraph shall be inserted, namely:-

“3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

19

31/1997-Customs, dated the 1st April, 1997 [Vide number G.S.R. 187(E), dated the 1st April, 1997]

In the said notification, after the paragraph 2 and before the Explanation, the following paragraph shall be inserted, namely:-

“3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

20

77/1998-Customs, dated the 16th October, 1998 [Vide number G.S.R. 623 (E), dated the 16th October, 1998]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

21

48/1999-Customs, dated the 29th April, 1999 [Vide number G.S.R. 299 (E), dated the 29th April, 1999]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

22

49/2000-Customs, dated the 27th April, 2000 [Vide number G.S.R. 365 (E), dated the 27th April, 2000]

In the said notification, after the paragraph 4 and before the Table, the following paragraph shall be inserted, namely:-

“5. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

23

50/2000-Customs, dated the 27th April, 2000 [Vide number G.S.R. 366 (E), dated the 27th April, 2000]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

24

51/2000-Customs, dated the 27th April, 2000 [Vide number G.S.R. 367 (E), dated the 27th April, 2000]

In the said notification, after the paragraph 2 and before the Explanation, the following paragraph shall be inserted, namely:-

“3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

25

43/2002-Customs, dated the 19th April, 2002 [Vide number G.S.R. 292 (E), dated the 19th April, 2002]

In the said notification, after the paragraph 2 and before the first Explanation, the following paragraph shall be inserted, namely:-

“3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

26

44/2002-Customs, dated the 19th April, 2002 [Vide number G.S.R. 293(E), dated the 19th April, 2002]

In the said notification, after the paragraph 4 and before the Table, the following paragraph shall be inserted, namely:-

“5. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

27

47/2002-Customs, dated the 22nd April, 2002 [Vide number G.S.R. 300 (E), dated the 22nd April, 2002]

In the said notification, after the paragraph 2 and before the Explanation, the following paragraph shall be inserted, namely:-

“3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

28

55/2003-Customs, dated the 1st April, 2003 [Vide number G.S.R. 279 (E), dated the 1st April, 2003]

In the said notification, after the paragraph 4 and before the Table, the following paragraph shall be inserted, namely:-

“5. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

29

56/2003-Customs, dated the 1st April, 2003 [Vide number G.S.R. 280 (E), dated the 1st April, 2003]

In the said notification, after the opening paragraph and before the Explanation, the following paragraph shall be inserted, namely:-

“2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

30

91/2004-Customs, dated the 10th September, 2004 [Vide number G.S.R. 604 (E), dated the 10th September, 2004]

In the said notification, after the paragraph 2 and before the Explanation, the following paragraph shall be inserted, namely:-

“3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

31

93/2004-Customs, dated the 10th September, 2004 [Vide number G.S.R. 606 (E), dated the 10th September, 2004]

In the said notification, after the paragraph 3 and before the Explanation, the following paragraph shall be inserted, namely:-

 

“4. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

 

32

94/2004-Customs, dated the 10th September, 2004 [Vide number G.S.R. 607 (E), dated the 10th September, 2004]

In the said notification, after the paragraph (2) and before the Explanation, the following paragraph shall be inserted, namely:-

“(3). In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

33

97/2004-Customs, dated the 17th September, 2004 [Vide number G.S.R. 620 (E), dated the 17th September, 2004]

In the said notification, after the paragraph 5 and before the Explanation, the following paragraph shall be inserted, namely:-

“6. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

 

34

40/2006-Customs, dated the 1st May, 2006 [Vide number G.S.R. 260 (E), dated the 1st May, 2006]

In the said notification, after the paragraph 3 and before the Explanation, the following paragraph shall be inserted, namely:-

“4. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

35

64/2008-Customs, dated the 9th May, 2008 [Vide number G.S.R. 349 (E), dated the 9th May, 2008]

In the said notification, after the paragraph 4 and before the Explanation, the following paragraph shall be inserted, namely:-

“5. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

36

136/2008-Customs, dated the 24th December, 2008 [Vide number G.S.R. 878 (E), dated the 24th December, 2008]

In the said notification, after the paragraph 3 and before the Explanation, the following paragraph shall be inserted, namely:-

“4. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12th August, 2013.”.

[F.No.605/32/2013-DBK]