Admissibility of Duty Drawback in Respect of Supplies Effected by DTA Units to Special Economic Zones - reg
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.... Circular No.24/2003-Customs, dated 1.4.2003 and Circular No.2/2004-Customs dated 8.1.2004, regarding admissibility of duty drawback in respect of the supplies effected by Domestic Tariff Area (DTA) Units to Special Economic Zones. Chapter X-A of the Customs Act, 1962 inserted by section 126 of the Finance Act,2002 has come into force with effect from 11.5.2004. Section 76A in Chapter X-A provides that the Central Government may, by notification in the Official Gazette, specify Special Economic ....
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.... 1962 had not been notified. However, the said provisions have now come into force with effect from 11.5.2004. Consequently, all supplies made from the DTA to SEZ shall be admissible for duty drawback similar to the goods being exported outside India from various Ports, ICDs, CFS and Land Customs Stations. Detailed procedure in this regard has been prescribed in Regulation 10 of SEZ Regulations, 2003. Even though the procedure was prescribed in the Regulation w.e.....
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