Clarification with respect to amendments to Customs and Central Excise notifications for EOUs

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....Foreign Trade Policy (FTP), 2015-2020, as amended, as well as to remove redundancies that had crept in over the time on account of changes/supersession of certain other notifications mentioned therein and legal developments such as the introduction of GST and exempting the EOUs from the application of the Customs warehousing provisions. These amendments have been carried out by Notifications No. 79/2018-Customs and No. 23/2018- Central Excise, both dated 05.12.2018. Further, the B-17 Bond (General Surety/Security) being submitted by the EOUs has been similarly updated vide Notification No. 1/2018-Central Excise (N.T.), dated 05.12.2018. Notification No. 52/2003-Customs, dated 31.03.2003 amended by Notification No. 79/2018-Customs, dated ....

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....0.06.2017 for payment of duty by Gem & Jewellery EOUs on the gold or silver content in the scrap, dust or sweeping cleared to DTA or for payment of duty by nominated agencies in case of failure of export in specified time frame. (iii) removing the reference to old DGFT Policy Circular No. 77(RE) 2003-2004/9, dated 31.03.2009. (iv) prescribing that wastage norms for manufacture of jewellery of gold/silver/platinum would be directly governed by the provisions of the FTP and Handbook of Procedures. (v) replacing the references to old FTP, 2004-2009 by the new FTP, 2015-2020 and its Appendix. (vi) replacing the reference to outdated Notification No. 106/58- Customs, dated 29.03.1958 by the presently applicabl....

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....ortance) Act, 1957 (58 of 1957) and Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of 1978) these Acts are not in existence post-GST. (b) modification of clauses (a) to (e) of the opening para of the said notification to allow procurement of excisable goods falling under the Fourth Schedule to the Central Excise Act, 1944 (1 of 1944). Also, Annexures I, II, IV and V of the said notification which listed various excisable goods that were allowed to be procured indigenously without payment of Excise duties have been removed as post GST, most of the goods now fall under GST. (c) continuation of the facility extended to the EOUs engaged in processing or manufacture of articles of granite, processing o....

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....cisable goods by EOUs. The main amendments are as follows:- (a) removal of reference to non existing entries at Sr. Nos. 5, 5A, 6 and 7A of the Table which have been omitted by Notification No. 16/2017-Central Excise, dated 30.06.2017. (b) removal of the reference to Duty Free Replenishment Certificate (DFRC), which has been replaced by Duty Free Import Authorization (DFIA). (c) removal of the condition that the goods cleared to the DTA must be "similar" to those exported and also removal of the cap of 50% on DTA sale in line with the present FTP, 2015-2020. (d) replacing the references to the old FTP, 2004-2009 with the new FTP, 2015-2020. Notification No. 24/2003-Central Excise, dated 31.03.2003 amen....