CUSTOMS Notification No 60/2000, Exemption from customs duty to goods imported from Sri Lanka

Notification No. 60 dated 12^th May 2000 (As amended by Notification No. 126 dated 12^th November 2002)

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do hereby exempts goods falling under sub-heading Nos. 0902.10, 0902.20, 0902.30, 0902.40 and 2101.20 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) from so much of the duty of customs leviable under the said First Schedule, as is in excess of the amount calculated at the rate of 7.5% ad valorem, subject to the following conditions:

1.������� the importer proves to the satisfaction of the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, in accordance with the Customs Tariff (Determination of Origin of Goods under the Free trade Agreement between the Democratic Socialistic Republic of Sri Lanka and the Republic of India) Rules, 2000 published with the notification of the Govt. of India in the Ministry of Finance (Department of Revenue), No. 19/ 2000- Customs (NT) dated the 1^st March 2000 that the goods in respect of which the benefit of this exemption is claimed are of the origin of Sri Lanka;

2.������� the exemption shall apply to a Tariff Rate Quota not exceeding 15 million kilograms computed from the 1^st day of January in any calendar year.

Provided that for the period from the 1^st day of March 2000 to the 31^st day of December 2000, the Tariff Rate Quota shall not exceed 12.5 million kilograms;

3.������� the imports shall be made only through the ports of Mumbai, Kolkata, Cochin and Vishakapatnam;

4.������� the importer follows the procedure as may be specified by the Government of India from time to time.