NTF. NO. 14/2004-CE, DT. 26/02/2004
- Document type
- Notification
- Reference no.
- F
- Dated
- Category
- Tariff
Amendments in the NTF. NO. 22/2003-CE, Dt. 31/03/2003 (EOUs/EHTP/STP Units-Permission to Debond the Goods and Clearance)
Amendments in the NTF. NO. 22/2003-CE, Dt. 31/03/2003 (EOUs/EHTP/STP Units-Permission to Debond the Goods and Clearance)
In the said notification, in the paragraph 8,-
- (a) for the words to any other place in India, as the case may be, in accordance with the Export and Import Policy- the words, to any other place in India or to debond in accordance with the Export and Import Policy- shall be substituted;
(b) for clause (i), the following clause shall be substituted , namely:-
- (i) such clearance or debonding of capital goods may be allowed on payment of an amount equal to the excise duty leviable on such goods on the depreciated value thereof and at the rate in force on the date of payment of such duty. The depreciation shall be allowed at the rate of twenty per.cent per annum of the original value in respect of computer or computer peripherals items and ten per.cent per annum in case of other capital goods;
(d) in clause (iii), for the words such clearance, the words such clearance or debonding shall be substituted.
( V.Kezo )
Under Secretary to the Government of India.