Export without payment of duty to specified Hydro Electric Projects in Bhutan:

Export of all excisable goods without payment of duty to specified Hydro Electric Projects in Bhutan shall be subject to the following conditions, namely: –

(i) The exporter shall furnish a bond in specified Form before the Deputy/Assistant Commissioner of Central Excise having jurisdiction over the factory or warehouse from which the goods have to be cleared.

(ii) The goods are supplied against one or more specified contract which have been registered with the Directorate General of Inspection, Customs and Central Excise in the following manner:

(a) Every Project Authority specified in the notification [Notification No. 45/2001- CE(N.T.)], supra, desirous of obtaining supplies under benefits of this notification shall apply in writing to the Director General, Directorate General of Inspection (Customs and Central Excise) [hereinafter referred to as DGICCE], 5th Floor, Drum Shape Building, I.P. Estate, New Delhi for registration of the contract through Ministry of External Affairs as soon as the contract has been concluded with the suppliers.

(b) The application shall be accompanied by the original deed of contract and list of items duly approved by the Ministry of External Affairs.

(c) The Project Authority shall also furnish such other documents or other particulars as may be required by the DGICCE in connection with the project.

(d) DGICCE, on being satisfied, shall register the contract by entering the particulars in a Register maintained separately for each project and shall assign a number in token of registration and communicate the same to the Project Authority and shall also return to the project authority all original documents which are no longer required. This number shall be indicated on all the invoices and other related documents.

(e) A copy of the contract so registered along with the approved list of items shall be forwarded to the Commissioner of Central Excise having jurisdiction over the factory/warehouse to which the contract pertains for extending benefits under this notification and consequent benefits under the CENVAT Credit Rules, 2002 to the supplier.

Amendment of Contract: If any contract referred to hereinabove is amended, whether before or after registration, the Project Authority shall make an application for registration of amendments to the said contract to the DGICCE.

The application shall be accompanied by the original deed of contract relating to the amendment and a list of items pertaining to amendment, if any, duly approved by the Ministry of External Affairs.

On being satisfied that the application is in order the DGICCE shall make note of the amendments in the relevant entries.

The DGICCE shall forward a copy of the amended contract and the amended list of items, if any, to the concerned Commissioner of Central Excise.

Finalisation of Contract

(a) Each Project Authority shall submit a statement of supplies received on quarterly basis along with relevant invoices and other documents to the DGICCE within one month from the last date of the quarter.

(b) The Commissioner of Central Excise to whom a registered contract has been forwarded shall forward a statement, after all the items covered under the contract have been exported, to the DGICCE.

(c) The DGICCE shall, on receipt of the statement, reconcile both and, if satisfied, finalise the contract and close the entry in the register.

There should be a release order from the officer authorised by the General Manager of the concerned project authority covering the goods.

The exporter shall furnish a bond in the specified Form to the Deputy/Assistant Commissioner of Central Excise having jurisdiction over the factory or warehouse or the approved premises or from where the goods are removed for export to the specified project.

Export in bond of petroleum oil, liquified petroleum gas and lubricant products to Nepal: The export in bond without payment of duty of excise of petroleum oil, liquified petroleum gas and lubricant products to Nepal is permitted through the agency of Nepal Oil Corporation from calibrated stocks of M/s Indian Oil Corporation registered as a warehouse in accordance with the provisions of Rule 20 of the said Rules, and situated at places notified for the purpose or purchased without payment of duty from tanks of other Oil companies or undertakings. For this facility, the Indian Oil Corporation shall be required to furnish a bond in the specified Form to the Deputy/Assistant Commissioner of Central Excise having jurisdiction over the installation from which the petroleum oil, liquified petroleum gas and lubricant products are to be exported. Export in bond for supplies to Government of India Aided Projects in Nepal and the Embassy Co-operative Store and Embassy Petrol Pump located in Nepal for the bonafide use of officers and staff of the Embassy in Nepal: Export in bond for supplies to Government of India Aided Projects in Nepal and the Embassy Co-operative Store and Embassy Petrol Pump located in Nepal for the bonafide use of officers and staff of the Embassy in Nepal shall be subject to the following conditions, namely: – (i) the exporter shall furnish a bond in specified Form to the Deputy/Assistant Commissioner of Central Excise; and (ii) the First Secretary (Economic), Embassy of India, Nepal, certifies the signature and stamp or seal of the person authorised to place the order for supply of excisable goods to the specified Government of India Aided Projects in Nepal.