rmission as per the terms and conditions of the customs notification issued by the Department of Revenue from time to time.
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| The Customs notification no. 32/97 dated 1.4.97 grants exemption to goods supplied free of charge for the purpose of execution of an order for jobbing placed on the importer by the supplier of goods.
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| Under this notification, raw materials, components, intermediates, semi-finished goods, consumables, parts, packing materials including hangers for garments, patterns, drawings, jigs, tools, fixtures, moulds, tackles, instruments, and computer hardware and software, as are directly related to the export order and supplied free of cost by the foreign buyer can be imported duty free.
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| According to the notification no. 32/97, after jobbing, the resultant products must be re-exported within six months or within the extended period as allowed by the competent authorities.
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| Also, the FOB value of the resultant products exported is at least 10% more than the C.I.F. value of all goods imported in relation to the said resultant products.
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| For availing the exemption benefit, the importer must undertake jobbing in accordance with the procedure set out in the Customs (Import of goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 1996.
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| Under these Rules, the importer has to get registered with the jurisdictional central excise authorities. The format of the application for registration is given in the CBEC Circular 46/96-Cus and the format of the registration certificate is also given, therein. This registration is different from the registration under Rule 9 of the Central Excise Rules, 2002.
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| After getting the registration, the importer has to furnish an application (statement of imports to be made) in the format given at Annexure III in quadruplicate to the CBEC Circular 46/96-Cus. He should also furnish a bond to cover the amount of customs duty in the format prescribed in the Circular.
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| On the basis of Annexure III duly endorsed by the central excise authorities, the customs authorities will allow duty free import of the goods covered by the certificate. Upon receipt of the goods, the importer must inform the jurisdictional authorities about the receipt of duty free goods in the format given in Annexure IV to the CBEC Circular no. 46/96.
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| After carrying out job-work and then exporting the goods, the importer must produce necessary proof of export to the jurisdictional central excise authorities, who will then discharge the bond furnished by the importer at the time of obtaining the Annexure III endorsement. |
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