Export-import policy amendments update concessional excise procedures and permit inter-zone transfers with revised procedural safeguards. Notification 35/2002 amends multiple central excise notifications to adopt the Export and Import Policy 1 April 2002-31 March 2007, reduce prescribed earning thresholds to fifteen per cent., require manufacturers to follow rules 11 and 20 of the Central Excise Rules, 2002, and replace prior application procedures with a certificate in Form CT 3. It permits transfers of goods and capital goods among units in zones, SEZs, EHTPs, STPs and 100% EOUs for manufacture, export or in unit use, and adds contract farming conditions, new annexure items, and uniformised handbook and terminology references.
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Export-import policy amendments update concessional excise procedures and permit inter-zone transfers with revised procedural safeguards.
Notification 35/2002 amends multiple central excise notifications to adopt the Export and Import Policy 1 April 2002-31 March 2007, reduce prescribed earning thresholds to fifteen per cent., require manufacturers to follow rules 11 and 20 of the Central Excise Rules, 2002, and replace prior application procedures with a certificate in Form CT 3. It permits transfers of goods and capital goods among units in zones, SEZs, EHTPs, STPs and 100% EOUs for manufacture, export or in unit use, and adds contract farming conditions, new annexure items, and uniformised handbook and terminology references.
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