Anti-Dumping Duty Exemption for Export Production
- Document type
- Other
- Dated
Anti dumping duty Quantity Based Advance Licence
(Custom Ntfn 41/31.04.97)
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 exempts articles imported into India, against an Advance Licence from whole of the Anti-Dumping duty leviable thereon under section 9(A) of the Customs Tariff Act, 1975 (51of 1975), subject to the condition that exempt article shall not be disposed of or utilized in any manner except for utilization in discharge of export obligation or for replenishment of article so utilized and the article so replenished shall not be sold or transferred to any other person.
Explanation:- In this notification, Advance Licence means,-
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 exempts articles imported into India, against an Advance Licence from whole of the Anti-Dumping duty leviable thereon under section 9(A) of the Customs Tariff Act, 1975 (51of 1975), subject to the condition that exempt article shall not be disposed of or utilized in any manner except for utilization in discharge of export obligation or for replenishment of article so utilized and the article so replenished shall not be sold or transferred to any other person.
Explanation:- In this notification, Advance Licence means,-
- Quantity Based Advance Licence issued in terms of paragraph 50 of the Export and Import policy 1 April, 1992-31 March,1997 published vide Public Notice of the Government of India in the Ministry of Commerce No. 1-ITC (PN)/ 92-97 dated the 31st March, 1992, as amended from time to time and endorsed with non-transferable and actual user
condition; or
- Quantity Based Advance Licence issued in terms of paragraph 7.4 of the Export and Import Policy 1 April, 1997-31 March, 2002 punished Vide Notification of the Government of India in the Ministry of Commerce No. 1/1997-2002 dated 31st March, 1997, as amended from time to time.