Repayment of Customs Duties and Refund of Sales Tax Paid on Importation of Certain Raw Material & Co

REPAYMENT OF CUSTOMS DUTIES AND REFUND OF SALES TAX PAID ON IMPORTATION OF CERTAIN RAW MATERIAL & COMPONENTS. Notification No. S.R.O.839(I)/87, dated 24th October, 1987, ---In exercise of the power conferred by clause (c) of section 21 of the Customs Act, 1969 (IV of 1969), and section 27F of the Sales Tax Act, 1951 (III of 1951), the Central Board of Revenue is pleased to authorize repayment of the whole of customs duty and sales paid on importation of the raw materials and components which are not locally manufactured as are used in the manufacture of sound recording cassettes, supplied to the recognized units of sound recording industry, for the purpose of recording thereon, subject to the conditions that the importer-cum-manufacturer shall, ---- have suitable in-house facilities to manufacture sound recording cassettes; furnish to the Chief, Survey and Rebate, or any other officer authorized by the Central Board of Revenue in this behalf, in the prescribed form the details of raw materials and components required and the Chief or, as the case may be, authorize officer, in consultation with the Collector of Customs, or the concerned Government Department, shall certify the annual capacity of the unit for the manufacture of sound recording cassettes and total annual requirement of various types of raw materials and components along with the quantity required for the manufacture each items; maintain record of the raw materials and components and the items manufactured out of them in such form as may be prescribed by the Central Board of Revenue; apply and obtain a certificate in the form set out below from the Assistant Collector of Customs and Central Excise in whose jurisdiction the manufacturing unit is located; obtain a certificate from Chief, Survey and Rebate or any other officer authorized by the Board in this behalf as to the quantum of customs duty and sales tax paid on the importation of raw materials and components used in the manufacture of sound recording cassettes being supplied; and produce a certificate from the concerned sound recording unit duly verified by the Assistant Collector, Central Excise and Customs of the area that the sound recording cassettes have been duly supplied. During such verification it shall be checked whether the cassettes recording unit has sufficient capacity to utilize the cassettes supplied to it which shall be done by comparing the supply of such cassettes with the last year's production. 2. The Chief, Survey and Rebate may, if satisfied, may issue a provisional certificate for import of raw materials and components not exceeding 25 per cent of the quoted requirements to be released against bank guarantee for the difference in the applicable concessionary and statutory rates. The survey in this case shall be conducted after issue of provisional certificate. FORM Certificate No___________________dated______________ I ___________(Name of Officer)_______________Assistant Collector, Central Excise and Customs_____________ (Place of posting)____________________am satisfied that the raw________________ materials and components imported by Messrs___________________________30[***] vide bill of entry No.________ dated ____________have been used for the manufacture of ____________________(Name of items to be mentioned)_________in accordance with the scale laid down by the Chief (Survey and Rebate) vide certificate No._____________dated the ______________and the good shave been supplied to M/s. _____________________________a recognized unit of sound recording industry. 30. Words "under the provisions of Notification No. S.R.O.484(I)/87, dated the 29th August, 1987" omitted by Notification No. S.R.O.329(I)/88, dated 4th May, 1988 reported as PTCL 1988 St, 730.