Amendments in the Hand Book of Procedures(Vol.1),2004-2009 - Appendix 17D

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....ffected during 2005-06, the following modifications are made:  i. The second sentence contained in Sr. No. 10 as well as the words '/job worker' contained in heading of column 2 in the table in Sr. No 10, stands deleted. ii.  Sr. No. 10A, as in Annexure A to this Public Notice (for Target Plus Scheme 2004-05) and Annexure B to this Public Notice (for Target Plus Scheme 2005-06), is added after Sr. No. 10, for listing of Job Workers on the duty credit scrips. 2. In Para 3.2.5 III of HBP v1 (RE2004) and HBP v1 (RE 2005), the following is added at the end. "However, RA concerned can list the Job-Worker(s), upon request made as per Annexure A to this Public Notice, at any time during the validity of duty fre....

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....n imported for 'own use'. Job-Workers can be used for conversion of imports permitted under the scheme into any possible resultant products. Upon conversion in the factory of Job-Worker, the resultant product can be sold in the open market, upon payment of duties as applicable to the resultant product; including to the conversion unit (i.e. job worker). Sale of permitted import products to Job Workers prior to conversion (into any possible resultant products) shall be treated as a violation of AU and Non-transferability conditions, as imports permitted under Target Plus Scheme as per Para 3.7.6 of the Policy (RE2004) are with Actual User Condition and non-transferable (except to listed supporting manufacturers). Sr. No. Name (s) of Jo....

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....ing the imports permitted under the Scheme, when imported for 'own use'. Job-Workers can be used for conversion of imports permitted under the scheme into any possible resultant products. Upon conversion in the factory of Job-Worker, the resultant product can be sold in the open market, upon payment of duties as applicable to the resultant product; including to the conversion unit (i.e. job worker). Sale of permitted import products to Job Workers prior to conversion (into any possible resultant products) shall be treated as a violation of AU and Non-transferability conditions, as imports permitted under Target Plus Scheme as per Para 3.7.6 of the Policy (RE2005) are with Actual User Condition and non-transferable (except to listed supporti....