Revised treaty of trade between india and nepal

CS,CA F,Numrologi TusharSampat (CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)   (85930 Points)

13 January 2012  

Notification Detail :

Circular No. 958/1/2012-CX F.No.201/03/2010-CX.6 Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, the 13th January,2012 To All Chief Commissioners of Central Excise All Chief Commissioners of Customs & Central Excise All Chief Commissioners of LTU Sub: Revised Treaty of Trade between India and Nepal. Sir/Madam, Pursuant to Revised Treaty of Trade between Government of India and Government of Nepal, exports to Nepal have been put at par with exports to other countries ( except Bhutan). In this regard, six Notification Nos. 24/2011-Central Excise(N.T), 26/2011-Central Excise(N.T), 27/2011-Central Excise(N.T), 28/2011-Central Excise(N.T), and 29/2011-Central Excise(N.T), all dated 5.12.2011 have been issued to amend earlier Notification Nos 19/2004-Central Excise(N.T) dated 6.09.2004, 42/2001-Central Excise(N.T) dated 26.06.2001, 43/2001CE(N.T) dated 26.06.2001, 44/2001-Central Excise(N.T) dated 26.06.2001 and 45/2001-Central Excise(N.T) dated 26.06.2001, respectively. Notification no. 25/2011-Central Excise(N.T) dated 5.12.2011 has rescinded the earlier Notification No. 20/2004-Central Excise(N.T) dated 6.09.2004.

These amendments abolish the existing DRP for exports to Nepal and puts export to Nepal at par with exports to other countries (except Bhutan). All these notifications have been made effective from 1st March, 2012. 2. Difficulties anticipated/ faced, if any in implementation of the revised procedure, may be brought to the notice of the Board. 4. Field Formations and Trade may also be suitably informed. 5. Hindi version will follow.

Yours faithfully,

(V.P. Singh)

Under Secretary(CX.6)