Revenue Adds Four
New Categories for Exclusion of FMS Benefits
(Impact: Amendment may Kill
Floating Stock of FMS Scrips in the Four Categories. Editors Suggestion: Let
DGFT Policy Work Independently).
[Customs Notification No. 52 dated 26th December 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, on 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) No. 93/2009-Customs, dated the
11th September, 2009 published in the Gazette of India,
Extraordinary Part-II, Section 3, subsection(i), vide number G.S.R. 659 (E),
dated 11th September, 2009, namely:-
In the said notification,-
(a)
in paragraph 2, after serial number (xv) and the entry
relating thereto, the following serial numbers and entries shall be inserted,
namely:-
(xvi) Export of Meat and
Meat Products;
(xvii) Export of Cotton;
(xviii) Export of Cotton
Yarn;
(xix) Export which are
subject to Minimum Export Price or Export Duty.;
(b)
in paragraph 3, after serial number (xvii) and the
entry relating thereto, the following serial numbers and entries shall be inserted, namely:-
(xviii) Cotton (for the
paragraph 3.14.5 of the Foreign Trade Policy);
(xix) Cotton Yarn (for the
paragraph 3.14.5 of the Foreign Trade Policy);
(xx) Export which are
subject to Minimum Export Price or Export Duty (for the paragraph 3.14.5 of the
Foreign Trade Policy)..
[F.No. 605/10/2013-DBK]
[Central Excise Notification No. 31 dated 26th December 2013]
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) and sub-section (3)
of section 3 of the Additional Duties of Excise (Textiles and Textile Articles)
Act, 1978 (40 of 1978), the Central Government, on 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) No. 30/2012-Central Excise, dated the 9th
July, 2012, published in the Gazette of India, Extraordinary, Part-II, Section
3, Sub-section (i), vide number G.S.R. 542 (E), dated the 9th July,
2012, namely:-
In the said notification,
in paragraph 2, in condition (a),-
(a)
in the first proviso, after serial number (xv) and the
entry relating thereto, the following serial numbers and entries shall be inserted, namely:-
(xvi) Export of Meat and Meat Products;
(xvii) Export of Cotton;
(xviii) Export of Cotton Yarn;
(xix) Export which are subject to Minimum Export Price
or Export Duty:;
(b)
in the second proviso, after serial number (xvii) and
the entry relating thereto, the following serial numbers and entries shall be
inserted, namely:-
(xviii) Cotton (for the paragraph 3.14.5 of the
Foreign Trade Policy);
(xix) Cotton Yarn (for the paragraph 3.14.5 of the
Foreign Trade Policy);
(xx) Export which are subject to Minimum Export Price
or Export Duty (for the paragraph 3.14.5 of the Foreign Trade Policy);.
[F.No. 605/10/2013-DBK]
[Service Tax Notification No. 17 dated 26th December 2013]
In exercise of the powers
conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of
1994), the Central Government, on 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) No. 6/2013-Service Tax, dated the 18th April, 2013
published in the Gazette of India, Extraordinary Part-II, Section 3,
subsection(i), vide number G.S.R. 254 (E), dated 18th April, 2013,
namely:-
In the said notification,
in paragraph 3, in condition (a),-
(a)
in the first proviso, after serial number (xv) and the
entry relating thereto, the following
serial numbers and entries shall be inserted, namely,-
(xvi) Export of Meat and Meat Products;
(xvii) Export of Cotton;
(xviii) Export of Cotton Yarn;
(xix) Export which are subject to Minimum Export Price
or Export Duty:;
(b)
in the second proviso, after serial number (xvii) and
the entry relating thereto, the
following serial numbers and entries shall be inserted, namely,-
(xviii) Cotton (for the paragraph 3.14.5 of the
Foreign Trade Policy);
(xix) Cotton Yarn (for the paragraph 3.14.5 of the
Foreign Trade Policy);
(xx) Export which are subject to Minimum Export Price
or Export Duty (for the paragraph 3.14.5 of the Foreign Trade Policy);.
[F.No. 605/10/2013-DBK]