Duty exemption to sugar exported under Advance Authorization Scheme

Seeks to further amend Notification No. 27/2011-Customs, dated the 1st March, 2011, so as to provide exemption from export duty to sugar exported under Advance Authorization Scheme subject to specified conditions.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification No. 41/2016-Customs

New Delhi, the Dated: 6th July, 2016
G.S.R. 671(E).—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 makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 27/2011-Customs, dated the 1st March, 2011, published in the Gazette of India, Extraordinary, vide number G.S.R. 153(E), dated the 1st March, 2011, namely :-
In the said notification, in the Table, after serial number 62 and the entries relating thereto the following entry shall be inserted, namely:-

(1) (2) (3) (4)
“63 1701 Sugar exported against a valid Advance Authorization issued by the Regional Authority that is to say the Director General of Foreign Trade appointed under section 6 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) or an officer authorized by him to grant an authorization under the said Act subject to the conditions that:(a) Exports are effected in proportion to the import of raw sugar against the said Advance Authorization;
(b) Advance Authorization holder has not got the said Authorization invalidated;
(c) Advance Authorization holder has not procured raw sugar from the domestic market;
(d) At the time of clearance of export consignment at port, the exporter submits a copy of the bill of entry as documentary proof of import of raw sugar under the said Advance Authorization to the jurisdictional proper officer of customs.
Nil ”.

[F.No.354/260/201 5 -TRU]
(Anurag Sehgal)
Under Secretary to the Government of India
Note.- The principal notification No. 27/2011-Customs, dated the 1st March, 2011 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 153(E), dated the 1st March, 2011 and last amended vide notification No. 37/2016-Customs, dated the 16th June, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 607 (E), dated the 16th June, 2016.