Scope of Notification No. 32/97-Cus. for jobbing-reg

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... say that divergence of practice regarding the application of Circular No. 32/97-Cus. has been noticed. 2. Notification No. 32/97-Cus. dated 1-4-97 provides exemption from Customs duty for material when imported into India for execution of an export order. The issue to be looked into whether the benefit would be applicable when the manufacture of goods involves substantial usage of indigenous go....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....iven in the Exim Policy but it covers wide-ranging operations. 5. The conference took the view that use of indigenous materials will not take the process undertaken out of 'job-work' of jobbing. The filed formations should take a broad view and at the same time, take reasonable precautions. 6. The Board has accepted the recommendation of the Conference and it is accordingly clarified that use ....