Relaxes procedural norms for capital goods transfer / requirements of captive power plants / import of samples etc for EOU/STP/SEZ

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Textile Articles) Act, 1978 (40 of 1978), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed shall be amended or further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table. Table S. No. Notification No. and Date Amendment (1) (2) (3) 1. 22/2003-Central Excise, dated the 31st March, 2003 In the said notification,- (1) in paragraph 2, the condition (iv) shall be omitted ; (2) after paragraph 2, the following paragraphs shall be inserted, namely:- ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....it, or Software Technology Park (STP) unit belonging to the owner of procuring unit for the purposes of development of software, data entry and conversion, data processing, data analysis and control data management or call center services and export thereof, but such goods shall not be removed from the premises of the procuring unit."; (4) in the Expalnation occurring after paragraph 13, after clause (ix) the following clause shall be added , namely: '(x) "status holder" means importer having any status of Star Export House as categorized in paragraph 3.5.2 of the Foreign Trade Policy.' ; (5) in Annexure-I, for entry against S. No 4 , the following shall be substituted , namely:- "Captive power plant including captive generating sets an....