Exemption to silver and gold imported under the scheme for export of gold / silver jewellery.

Document Text

Notification No. 146/93-Customs Dated 28-6-1993 Export Promotion and Replenishment Scheme - Platinum imported by specified agency - 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 platinum falling under heading No. 71.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) when imported into India by the Minerals and Metals Trading Corporation of India Limited, the Handicraft and Handloom Export Corporation, the State Trading Corporation, the State Bank of India and any agency authorised by Reserve Bank of India, for supply under the "Gold/Silver Jewellery and articles Export Promotion and and Platinum Replenishment Scheme" Export and Import Policy 1st April, 1997 - 31st March, 2002, read with Chapter 8 of Hand Book of procedures Volume 1,1st April, 1997 - 31st March, 2002, published by the Government of India under Ministry of Commerce Notification No. 1/1997-2002, dated 31st March, 1997 as amended from time to time, from the whole of duty of customs leviable thereon, which is specified in the said First Schedule, arid from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act. Notification No. 146/93-Cus., dated 28-6-1993 as amended by Notifications No. 33/97-Cus., dated 1-4-1997 and No. 57/97-Cus., dated 3-7-1997.

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