Trade Notice No. 03/2012 – Central Excise/SHG
Dated Shillong, 28th February’ 2012.
Subject: - Revised Treaty of Trade between India and Nepal.
Attention of the members of Trade, Industry and all others concerned are hereby invited to the Board’s Circular No. 958/1/2012-CX issued under F.No. 201/03/2010-CX.6 dated 13th January’2012 on the above subject.
2. Pursuant to Revised Treaty of Trade between Government of India and Government of Nepal, exports to Nepal have been put at par with exports to other countries (except Bhutan). In this regard, six Notification Nos. 24/2011-Central Excise (N.T), 26/2011-Central Excise (N.T), 27/2011-Central Excise (N.T), 28/2011-Central Excise (N.T), and 29/2011-Central Excise(N.T), all dated 5.12.2011 have been issued to amend earlier Notification Nos 19/2004-Central Excise (N.T) dated 6.09.2004, 42/2001-Central Excise (N.T) dated 26.06.2001, 43/2001CE (N.T) dated 26.06.2001, 44/2001-Central Excise (N.T) dated 26.06.2001 and 45/2001-Central Excise (N.T) dated 26.06.2001, respectively. Notification no. 25/2011-Central Excise (N.T) dated 5.12.2011 has rescinded the earlier Notification No. 20/2004-Central Excise (N.T) dated 6.09.2004. These amendments abolish the existing DRP for exports to Nepal and puts export to Nepal at par with exports to other countries (except Bhutan). All these notifications have been made effective from 1st March’2012.
3. Difficulties anticipated/ faced, if any in implementation of the revised procedure, may be brought to the notice of this Office.
Board Circular No.958/1/2012-CX
Issued vide F.No.201/03/2010-CX.6, Dated 13th January’ 2012.
Disclaimer: Though care has been taken to reproduce the text in its original form, in case of any inadvertent mistake, the above mentioned circular may be referred to.
(Anil Kumar Gupta)