GST India Solution

01/2010-Cus, Dated: 11/01/20010

Circular No. 01 /2010-Cus.

F.NO.605/3/2009-DBK

Government of India

Ministry of Finance

Department of Revenue

New Delhi, the 11th January 2010.

All Chief Commissioners of Customs/Central Excise/Customs & Central Excise.

All Commissioners of Customs/Customs (P)/Customs &Central Excise/Central Excise.

All Director Generals of CBEC,

Chief Departmental Representative of Customs Excise & Service Tax Appellate Tribunal.

*****

Sir/Madam,

Sub: Extension of Export Obligation period for the Advance License Holders who have imported raw sugar

between 21.9.2004 and 15.4.2008-reg

*******

I am directed to invite your attention to the above-mentioned subject and to say that, a reference was received from the Ministry of Agriculture Food & Public Distribution to consider extension of export obligation period for those Advance License Holders who had imported raw sugar between 21.9.2004 and 15.4.2008 but had not yet fulfilled their export obligations.

2. The reference was examined. The Cabinet Committee on Economic Affairs has decided that, the Advance Authorization Holder will be permitted to exrcise either of the following options as he chooses in respect of pending unfulfilled export obligations:-

(a) Further extension of time upto 31.12.2011 for export without payment of composition fees.

(b) Abolition of export obligation for past imports provided the importer pays the customs duties as applicable during the relevant period on normal imports, on the quantity of unfulfilled export obligation.

3. Accordingly, it is clarified that the Advance Authorization Holders who have imported raw sugar between 21.9.04 to 15.4.08 shall be allowed to avail either of the options stated at para 2 above. Director General Foreign Trade has issued Public Notice No. 29/2009-14, dated 7.1.2010 in this regard.

4. These instructions may be brought to the notice of the trade / exporters by issuing suitable Trade / Public Notices. Suitable Standing orders/instructions may be issued for the guidance of the assessing officers. Difficulties faced, if any, in implementation of the Circular may please be brought to the notice of the Board at an early date.

Receipt of this Circular may kindly be acknowledged.

Yours faithfully,

-Sd-

(P.V.K. Rajasekhar)

OSD (Drawback)

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GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

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Goods & Service Tax

Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.

The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .