- Notification: Customs:
Amendment in All Industry Rate for duty drawback in respect to Guar and its products
The Central Government vide Notification No. 41/2017-CUSTOMS (N.T.) dated April 26, 2017,has further amended in notification No. 131/2016 – Customs (N.T.), dated April 31, 2016, dealing with “All Industry Rate for duty drawback” by substituting the following entries:-
- in Chapter – 7, for tariff item 0713 and the entries relating thereto, the following tariff items and entries shall be substituted, namely :-
| A | B | |||||
|
Tarif Item |
Description of goods |
Unit |
Drawback when Cenvat facility has not been availed | Drawback when Cenvat facility has been availed | ||
| Drawback Rate | Drawback Rate | |||||
| 0713 | Dried leguminous vegetables, shelled, whether or not skinned or split | |||||
| 071301 | Guar Gum refined Split | MT | 0.75% | 1276 | 0.1% | 170.1 |
| 071399 | Others | 1% | 0.15% | |||
- in Chapter – 11, for tariff item 1106 and the entries relating thereto, the following tariff items and entries shall be substituted, namely :-
| 1106 | Flour, meal and powder of the dried leguminous vegetables of heading 0713, of sago or of roots or tubers of heading 0714 or of the products of Chapter 8 | |||||
| 11061 | Guar Meal | MT | 0.75% | 1276 | 0.1% | 170.1 |
| 110699 | Others | 1% | 0.15% |
- In Chapter – 13, against tariff item 130201, for the entry in column (2), the entry “Of Guar Gum” shall be substituted.
Read more at: http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2017/cs-nt2017/csnt41-2017.pdf
- Public Notice: FTP:
Inclusion of Seaport located at Hazira (Surat) Port in the list of Ports of registration
The Director General of Foreign Trade vide Public Notice No. 06/2015-2020 dated April 27, 2017, has included seaport located at Hazira (Surat) Port in the list of Ports of registration for availing export promotion benefits under Chapter 4 of Foreign Trade Policy relating to ‘Duty Exemption / Remission Schemes’.
Read more at: http://dgft.gov.in/Exim/2000/PN/PN17/PN%20No.%206%20dated%2027.04.2017%20English[1].pdf
- Trade Noice: FTP:
Clarification on query raised on import of Raw Sugar
The Directorate General of Foreign Trade vide Trade Notice No. 5 Dated April 27, 2017 has clarified the query raised on import of Raw Sugar. Some of the important queries are:-
| S. No. | Queries Raised | Observations/Reply |
| l. | If a company has a 100% subsidiary company, situated in SEZ,can the company import raw sugar from this factory situated in SEZ, duty free? | Import of raw sugar under TRQ as per DGFT’s Notification No 1 & 2 dated 5thApril, and 13th April, 2017 is not allowed through SEZ units in the country. |
| 2. | Company has a few sugar plants in the State of TN/KN/AP with a common IEC. Hence, can the company pool the quantity allotted to these plants and process imported raw sugar in a single plant or two plants [within the state or across the states] due to economic considerations? | Quota would be allotted against each application/each unit based on the refining capacity of the unit as indicated in the notification No. 1 dated 5th April, 2017 and with actual user condition as in Customs notification no 32/2016.
Since import of sugar under the scheme is with actual user condition it is necessary that imported raw sugar is processed in the factory/ unit as indicated in the application. |
| 3 | Considering possible congestion in some ports, can a mill in one state import through ports in any other states within the same zone? | Yes.
Applications will be entertained as per condition 2 (ii) (b) of Notification No 2 dated 13th April, 2017. |
| 4 | What are the documents required to be submitted for proving processing ability in off-season? [like boiler license or Form 1 given to Sugar Directorate or PCB consent] | Applicants are required to give self declaration of its refining capacity, while providing self-certified copy of the latest IEM issued by DIPP and/ or any other document indicating its refining capacity. |
Read more at:http://dgft.gov.in/Exim/2000/TN/TN17/TN0518.pdf
- Circular: DVAT:
Extension of last date of filling return for Fourth quarter of 2016-17 in Form DVAT-16, DVAT-17 and DVAT-48 upto May 15, 2017
The Delhi Government vide Circular No. 2 of 2016-17 dated April 28, 2017 has extended the last date of filling online/ hard copy of return for Fourth quarter for the year 2016-17, in Form DVAT-16 (Delhi Value Added Tax return), DVAT-17 (Composition tax return) and DVAT-48 (Form of quarterly return by the Contractee) along with required annexures/ enclosures upto May 15, 2017.
Further, the tax due shall continue to be paid in the usual manner as per provisions of section 3(4) of the Delhi Value Added Tax Act, 2004 and the dealers filling the returns through digital signature need not to file hard copy of the return/ Form DVAT-56.
Read more at: http://dvatonline.gov.in/Docs/Circulars/1801505.pdf