Policy Circular No 20 (RE 08) 2004-09
Dated 16.7.2008
Documents/verification required to establish eligibility and entitlement of
units for import of rough marble blocks/slabs under P. Cir. No.13/2008, DT.
30/06/2008
Representations have been received seeking
clarification regarding eligibility and entitlement of units for import of rough
marble blocks/slabs for the year 2008-09, as per Policy Circular No.13 dated
30.6.2008. The matter has been examined in the Department and accordingly, it is
clarified:
2. For establishment of eligibility and entitlement of the unit, the applicants
shall be required to submit the following documents, along with their
application:-
i) A certificate issued by State Industry Department (District Industry Center)
stating whether the applicant, as on date, has established gang saw in his unit
or not. The verification shall also state number of gang saws established by the
unit.
ii) The SSI/SIA Registration Certificate duly certified by State Industry
Department (District Industry Center) indicating that the unit has been in
operation since prior to 31.3.2001.
iii) List of equipments/capital goods set up by the applicant in its unit prior
to 31.3.2001, showing processing equipment for marble slabs/tiles, as per the
balance sheet submitted to income tax authorities for the Year 2000-01, duly
certified by a Chartered Accountant.
iv) Copy of income tax return for the year 2000-01, indicating processing of
marble by the unit, duly certified by a Chartered Accountant.
v) A Charted Accountant Certificate indicating the indigenous sales turnover of
marble slabs/tiles of the applicant for the years 2004-05, 2005-06 and 2006-07.
The CA certificate is to be supported by certified copies of income tax returns
filed by the applicant for each of the years and by certified copies of
VAT/Sales Tax returns filed by the applicant for each of the years indicating
the indigenous sales turnover of marble slabs/tiles.
vi) The sale against Form H and other relevant Forms, job work income earned by
any unit sawing marble blocks of third parties in to slabs/tiles and the amount
of excise duty, service tax and sales tax/VAT paid on such indigenous sales
turnover of marble slabs/tiles may also be included for calculating indigenous
sales turnover of the applicant.
Vii) With regard to calculation of indigenous sales turnover, it is further
clarified that the turnover will include the net sales after deducting the sales
returns from the gross sales. It is also clarified that the turnover of the
applicant only shall be taken into consideration and the turnover of group
concerns/ sister concerns/ subsidiaries etc. shall not be counted for
calculating the turnover.
3. The applications must accompany all the above documents for consideration.
Applications found incomplete shall be rejected.
4. The last date for receiving application has been accordingly extended up to
15.8.2008.
5. The other conditions of the aforementioned Policy Circular i.e. Policy
Circular No.13 dated 30.6.2008 shall remain applicable.
6. This issues with the approval of Competent Authority.Sd/-
(O. P. Hisaria)
Joint Director General of Foreign Trade
(Issued from File No. 01/89/180/Misc-06/AM 08/ PC-I A)
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