Ntf No. 127/2000-Cus Dated 05-10-2000
- Document type
- Notification
- Reference no.
- B
- Dated
- Category
- Tariff
Copper Cathodes, Wire Bars/Rods-Customs (Basic & Addl.) Duty exemption
Customs Notifications Notification No.127/2000-Customs dt.5th Oct.,2000
(a) from so much of duty of customs leviable thereon which is specified in the said First Schedule, and
(b) from so much of additional duty leviable thereon under sub-section (1) of section (3) of the said Customs Tariff Act, as is in excess of the duties which would be leviable if the value of the said goods were equal to the aggregate of -
(i) the toll smelting or toll processing costs, as the case may be, that is to say, -
(a) labour charges,
(b) cost of material (other than the cost of the goods exported out of India) used in such toll smelting or toll processing, and
(c) any other charges which are payable in connection with the toll smelting or toll processing abroad; and
(ii) the insurance and freight charges both ways, subject to the following conditions, namely :-
(I) the copper cathods, wire bars or wire rods, as the case may be, are imported within one year of the date of export of copper reverts out of India; and
(II) sufficient evidence exists to show that the copper cathods, wire bars or wire rods, as the case may be, which are imported have in fact been obtained out of toll smelting or toll processing of the copper reverts exported out of India.
Sd/-
(Sanjeev Sachdeva)
Deputy Secretary to the Government of India