HIGHLIGHTS OF EXIM POLICY 2002-07 (as amended upto 31.3.2003) 1.

Service Exports Duty free import facility for service sector having a minimum foreign exchange earning of Rs.10 lakhs. The duty free entitlement shall be 10% of the average foreign exchange earned in the preceding three licensing years. However, for hotels, the same shall be 5% of the average foreign exchange earned in the preceding three licensing years. This entitlement can be used for import of office equipments, professional equipments, spares and consumables. However, imports of agriculture and dairy products shall not be allowed for imports against the entitlement. The entitlement and the goods imported against such entitlement shall be non-transferable. 2. Agro Exports a. Corporate sector with proven credential will be encouraged to sponsor Agri Export Zone for boosting agro exports. The corporates to provide services such as provision of pre/post harvest treatment and operations, plant protection, processing, packaging, storage and related R&D. b. DEPB rate for selected agro products to factor in the cost of pre-production inputs such as fertiliser, pesticides and seeds. 3. Status Holders a. Duty-free import entitlement for status holders having incremental growth of more than 25% in FOB value of exports (in free foreign exchange). This facility shall however be available to status holders having a minimum export turnover of Rs.25 crore (in free foreign exchange). The duty free entitlement shall be 10% of the incremental growth in exports and can be used for import of capital goods, office equipment and inputs for their own factory or the factory of the associate/supporting manufacturer/job worker. The entitlement/ goods shall not be transferable. This facility shall be available on the exports made from 1.4.2003. b. Annual Advance Licence facility for status holders to be introduced to enable them to plan for their imports of raw material and components on an annual basis and take advantage of bulk purchases. c. The Input-Output norms for status holders to be fixed on priority basis within a period of 60 days. d. Status holders in STPI shall be permitted free movement of professional equipments like laptop/computer. 4. Hardware/Software a. To give a boost to electronic hardware industry, supplies of all 217 ITA-1 items from EHTP units to DTA shall qualify for fulfillment of export obligation. b. To promote growth of exports in embedded software, hardware shall be admissible for duty free import for testing and development purposes. Hardware

upto a value of US$ 10,000 shall be allowed to be disposed off subject to STPI certification. c. 100% depreciation to be available over a period of 3 years to computer and computer peripherals for units in EOU/EHTP/STP/SEZ . 5. Gem & Jewellery Sector a. Diamond & Jewellery Dollar Account for exporters dealing in purchase/sale of diamonds and diamond studded jewellery. b. Nominated agencies to accept payment in dollars for cost of import of precious metals from EEFC account of exporter. c. Gem & Jewellery units in SEZ and EOUs can receive precious metal i.e Gold/silver/platinum prior to exports or post exports equivalent to value of jewellery exported. This means that they can bring export proceeds in kind against the present provision of bringing in cash only. 6. Export Clusters a. Upgradation of infrastructure in existing clusters/industrial locations under the Department of Industrial Policy & Promotion (DIPP) scheme to increase overall competitiveness of the export clusters. b. Supplemental efforts to be made under the ASIDE scheme and similar schemes of other Ministries to bridge technology and productivity gaps in identified clusters. c. 10 such clusters with high growth potential to be reinvigorated based on a participatory approach. 7. Rehabilitation of Sick Units For revival of sick units, extension of export obligation period to be allowed to such units based on BIFR rehabilitation schemes. This facility shall also be available to units outside the purview of BIFR but operating under the State rehabilitation programme. 8. Removal of Quantitative Restrictions a. Import of 69 items covering animal products, vegetables and spices, antibiotics and films removed from restricted list. b. Export of 5 items namely paddy except basmati, cotton linters, rare earth, silk cocoons, family planning devices except condoms removed from restricted list. 9. Special Economic Zones Scheme a. Sales from Domestic Tariff Area (DTA) to SEZs to be treated as export. This would now entitle domestic suppliers to Drawback/ DEPB benefits, CST exemption and Service Tax exemption. b. Agriculture/Horticulture processing SEZ units will now be allowed to provide inputs and equipments to contract farmers in DTA to promote production of goods as per the requirement of importing countries. This is expected to integrate the production and processing and help in promoting SEZs specialising in agro exports. c. Foreign bound passengers will now be allowed to take goods from SEZs to promote trade, tourism and exports. d. Domestic sales by SEZ units will now be exempt from SAD. e. Restriction of one year period for remittance of export proceeds removed for SEZ units.

f. Netting of export permitted for SEZ unit provided it is between same exporter and importer over a period of 12 months. g. SEZ units permitted to take jobwork abroad and exports goods from there only. h. SEZ units can capitalise import payables. i. Wastage for subcontracting/exchange by gem and jewellery units in transactions between SEZ and DTA will now be allowed. j. Export/import of all products through post parcel/courier by SEZ units will now be allowed. k. The value of capital goods imported by SEZ units will now be amortised uniformly over 10 years. l. SEZ units will now be allowed to sell all products including gems and jewellery through exhibitions and duty free shops or shops set up abroad m. Goods required for operation and maintenance of SEZ units will now be allowed duty free. 10. EOU Scheme a. Agriculture/Horticulture processing EOUs will now be allowed to provide inputs and equipments to contract farmers in DTA to promote production of goods as per the requirement of importing countries. This is expected to integrate the production and processing and help in promoting agro exports. b. EOUs are now required to be only net positive foreign exchange earner and there will now be no export performance requirement. c. Foreign bound passengers will now be allowed to take goods from EOUs to promote trade, tourism and exports. d. The value of capital goods imported by EOUs will now be amortized uniformly over 10 years. e. Period of utilisation of raw materials prescribed for EOUs increased from 1 year to 3 years. f. Gems and jewellery EOUs are now being permitted sub-contracting in DTA. g. Wastage for subcontracting/exchange by gem and jewellery units in transactions between EOUs and DTA will now be allowed as per norms. h. Export/import of all products through post parcel/courier by EOUs will now be allowed. i. EOUs will now be allowed to sell all products including gems and jewellery through exhibitions and duty free shops or shops set up abroad j. Gems and jewellery EOUs will now be entitled to advance domestic sales. 11. EPCG scheme a. The scheme shall now allow import of capital goods for pre-production and postproduction facilities also. b. The Export Obligation under the scheme shall now be linked to the duty saved and shall be 8 times the duty saved. c. To facilitate upgradation of existing plant and machinery, import of spares shall also be allowed under the scheme. d. To promote higher value addition in exports, the existing condition of imposing an additional Export Obligation of 50% for products in the higher product chain to be done away with.

e. Greater flexibility for fulfillment of export obligation under the scheme by allowing export of any other product manufactured by the exporter. This shall take care of the dynamics of international market. f. Capital goods upto 10 years old shall also be allowed under the scheme. g. To facilitate diversification into the software sector, existing manufacturer exporters will be allowed to fulfill export obligation arising out of import of capital goods under the scheme for setting up of software units through export of manufactured goods of the same company. h. Royalty payments received from abroad and testing charges received in free foreign exchange to be counted for discharge of export obligation under EPCG scheme. 12. DEPB Scheme a. Facility for provisional DEPB rate introduced to encourage diversification and promote export of new products. b. DEPB rates rationalised in line with general reduction in Customs duty. 13. Advance Licence a. Standard Input Output Norms for 403 new products notified. b. Anti-dumping and safeguard duty exemption to advance licence for deemed exports for supplies to EOU/SEZ/EHTP/STP. 14. DFRC Scheme a. Duty Free Replenishment Certificate scheme extended to deemed exports to provide a boost to domestic manufacturer. b. Value addition under DFRC scheme reduced from 33% to 25%. 15. Reduction of Transaction Cost a. High priority being accorded to the EDI implementation programme covering all major community partners in order to minimise transaction cost, time and discretion. We are now gearing ourselves to provide on line approvals to exporters where exports have been effected from 23 EDI ports. b. Online issuance of Importer-Exporter Code(IEC) number by linking the DGFT EDI network with the Income Tax PAN database is under progress. c. Applications filed electronically (through website www.nic.in/eximpol) shall have a 50% lower processing fee as compared to manual applications. 16. Miscellaneous a. Actual user condition for import of second hand capital goods upto 10 years old dispensed with. b. Reduction in penal interest rate from 24% to 15% for all old cases of default under Exim Policy. c. Restriction on export of warranty spares removed. d. IEC holder to furnish online return of imports/exports made on yearly basis. e. Export of free of cost goods for export promotion @ 2% of average annual exports in preceding three years subject to ceiling of Rs.5 lakh permitted
CHAPTER - 1

INTRODUCTION 1.1 In exercise of the powers conferred under Section 5 of the Foreign Trade (Development and

Regulation) Act, 1992 (No. 22 of 1992) the Central Government has notified on 31st March, 1997, the Export and Import Policy for the period 1997-2002 (hereinafter referred to as the Policy). In pursuance of the provisions of paragraph 4.11 of the Policy, the Director General of Foreign Trade hereby notifies the compilation known as Handbook of Procedures (Vol.1), Handbook of Procedures (Vol.2) and ITC(HS) Classifications of Export and Imports items. These compilations, as amended from time to time, shall remain in force until 31st March, 2002.
CHAPTER - 4

GENERAL PROVISIONS REGARDING EXPORTS AND IMPORTS Policy 4.1 The Policy relating to the general provisions regarding exports and imports is given in chapter 4 of the Policy. Countries of Imports/ Exports 4.2 Unless otherwise specifically provided, import/ export will be valid from/ to any country except Iraq. However, there shall be no ban on the export of items to Iraq in case where the prior approval of the concerned sanctions committee of the United Nations Security Council has been obtained. 4.3 Export of items as listed out in Appendix-37 to Libya is prohibited. 4.4 Unless otherwise exempted, specified fee shall be paid for making an application under any provision of the Policy and this Handbook. The scale of fee, mode of payment, procedure for refund of fee and the categories of persons exempted from the payment of fee are contained in Appendix-34. CHAPTER: 6 Export Promotion Capital Goods Scheme

6.1 Policy The Policy relating to Export Promotion Capital Goods (EPCG) Scheme is given in chapter 6 of the Policy. 6.2 Application Form An application for the grant of a licence may be made to the licensing authority concerned in the form given in Appendix-10A alongwith documents prescribed therein. 6.3 Deleted 6.4 Validity For Import Of Spares Notwithstanding the provisions contained in paragraph 4.15 for the import of spares, the validity of the EPCG licence shall be co-terminus with the validity of the export obligation period under

paragraph 6.2 of the Policy and the same shall be endorsed on the licence. 6.5 Leasing Of Capital Goods An EPCG licence holder may, on the basis of firm contract between the parties, source the capital goods from a domestic leasing company in accordance with paragraph 5.6. In such cases, the Bill of Entry of imported capital goods or the commercial invoice of indigenously procured capital goods, as the case may be, shall be signed jointly by the EPCG licence holder and the leasing company at the time of import/ local supply respectively. However, the EPCG licence holder shall alone be fully responsible for fulfillment of export obligation. 6.6 Indigenous Sourcing Of Capital Goods a. The EPCG licence holder intending to source capital goods indigenously, shall make a request to the licensing authority for invalidation of the EPCG licence for direct import. The EPCG licence holder shall also give the name and address of the person from whom he intends to source the capital goods. b. On receipt of such request, either at the time of issuance of licence or subsequently, the licensing authority shall make the licence invalid for direct import and issue an invalidation letter, in duplicate, to the EPCG licence holder. The licensing authority shall simultaneously grant permission to the EPCG licence holder to procure the capital goods indigenously in lieu of direct import. c. The indigenous manufacturer intending to supply capital goods to the EPCG licence holder, may apply to the licensing authority in the form given in Appendix-10B alongwith the documents prescribed therein for import of components required for the manufacture of such capital goods. The indigenous manufacturer may alternatively apply for Advance Licence for deemed export in terms of paragraph 6.9 of the Policy for import of such inputs as required for the manufacture of capital goods for supply to the EPCG licence holder . 6.7 EOU/EPZ Units Under EPCG Scheme i. i) An EOU/ EPZ unit may apply for an EPCG licence in terms of paragraph 9.27 of the Policy. Such application shall be made in the form given in Appendix-10A alongwith the documents prescribed therein. In addition, the applicant shall also furnish a copy of the `No Objection Certificate from the Development Commissioner showing the details of the capital goods imported/indigenously procured by the applicant, its value at the time of import/sourcing and the depreciated value for the purpose of assessment of duty under the scheme. Such cases shall not be required to be forwarded to Headquaters EPCG Committee. The concerned licensing authority shall issue EPCG licences based on the no objection certificate produced from the concerned Development Commissioner. Deleted

ii.

6.8 Consideration Of Applications The applicant may apply for EPCG licence to the competent authority on the basis of self

declaration subject to final fixation of nexus by Hqrs. EPCG Committee as per the financial power given in the table below. The applicant shall give an undertaking that in case the Hqrs EPCG Committee disallows the Capital Goods including Jigs, fixtures, dies, moulds and spares, the license holder shall pay Customs duty together with 24% interest on such goods. The Regional Licencing authority, after issuance of the license, shall forward a copy of the application along with a copy of the license to the Hqrs EPCG Committee for its approval within 7 days of the issuance of the license except in such cases where the nexus norms have already been communicated by the Headquarters in any case or the same is already established on the basis of the EPCG licences , issued in the past by the port office. CIF VALUE COMPETENT AUTHORITY

Upto Rs. 50 Crore. Regional Licensing Authority concerned Above Rs. 50 Crore Headquartes EPCG Committee 6.9 Deleted 6.10 Benefits To Indigenous Supplier Of Capital Goods For the purpose of claiming benefit of deemed exports, the indigenous supplier of capital goods shall furnish: a. Certificate from the respective Assistant Commissioner of Customs and Central Excise Authorities having jurisdiction over the factory as evidence of having supplied/ received the manufactured capital goods and in case of service provider, a certificate from independent Chartered Engineer confirming the supplies/ receipt of the Capital Goods. b. Evidence of payments received through normal banking channel from the EPCG licence holder. 6.11 Fulfillment Of Export Obligation a. Deleted b. The licence holder under the EPCG scheme shall fulfil the export obligation over the specified period in the following proportions: Period from the date of issue of licence Proportion of total export obligation

Block of 1st and 2nd year Block of 3rd and 4th year Block of 5th and 6th year Block of 7th and 8th year c.

NIL 15% 35% 50%

d. Deleted However, the export obligation of a particular block of year may be set off by the excess exports made in the preceding block of year.Where export obligation of any particular block of year is not fulfilled in terms of the above proportions, except in such cases where the export obligation prescribed for a particular block of years is extended by the competent authority, such licence holder shall, within 3 months from the expiry of the block of years, pay duties of customs plus 24% interest of an amount equal to that proportion of the duty leviable on the goods which bears the same proportion as the unfulfilled portion of the export obligation bears to the total export obligation. The licence holder shall, if he fails to discharge a minimum of 25% of the export obligation prescribed for any particular block of two years for two consecutive blocks under EPCG scheme, be liable to pay forthwith, the whole of duties of customs plus 24% interest leviable on the goods imported except in such cases where the export obligation prescribed for a particular year or block of year is extended by the competent authority, However, the licences issued under the scheme upto 31.3.2000 shall be governed by provisions laid down in paragraph 6.11 as given in Handbook (Vol.1) (RE-99).

6.12 Monitoring of Export Obligation The licence holder , upon installation of capital goods in the factory, shall produce to the concerned Licencing Authority, a certificate to this effect by the jurisdictional Excise Authorities within 6 months of clearance of such goods from Customs. The licence holder shall submit to the licensing authority, report on the progress made in fulfillment of export obligation against the licence issued to him. The report shall be submitted in the form given in Appendix -10C. The periodicity of the report shall be yearwise. 6.12A Re-Export of Capital Goods Imported Under EPCG Scheme Capital Goods imported under the EPCG scheme which are found defective or unsuitable for use may be re-exported with the permission of the Licensing Authority. In cases where the Capital Goods have been cleared without payment of basic Customs duty, no duty otherwise leviable on imports shall be paid on such re-export and the EPCG licence holder shall not be eligible for any drawback benefits. However, in cases where the Capital Goods have been cleared on payment of concessional customs duty, no duty otherwise leviable on imports shall be paid on such re-export and the EPCG license holder shall be entitled for drawback in lieu of concessional duty paid at the time of re-export. The export obligation imposed on such capital goods will be extinguished 6.12B Replacement of Capital Goods The Capital Goods imported under the scheme and found defective or otherwise unfit for use may be re-exported and Capital Goods in replacement thereof be imported under the scheme. In

such cases, while allowing re-export, the Customs shall recredit the duty benefit availed which can be debited again at the time of import of such replaced Capital Goods 6.13 Redemption As evidence of fulfillment of export obligation, the licence holder shall furnish the following documents; a. For Physical Exports: i. A consolidated statement of exports made in the form given in Appendix-10C, duly certified by a Chartered Accountant; ii. A certificate from the bank evidencing exports and realisation in freely convertible currency. b. For Deemed Exports; i. Copy of ARO/ Back to Back Inland letter of Credit.; OR Supply invoices duly certified by the Bond Office of EOU/EPZ concerned showing that supplies have been received; OR Invoices certified by the Project Authority concerned. The licencee shall also furnish the evidence of having received the payment through normal banking channel or a self certified copy of payment certificate issued by the Project authority concerned in the form given in Appendix-14B. c. For Services rendered: i. Consolidated statement of services rendered in the form given in Appendix-10C, duly certified by a Chartered Accountant; ii. A certificate from the bank evidencing foreign exchange earning received through normal banking channel. d. For supply of capital goods to EPCG licence holders, where the indigenous manufacturer imports components under EPCG: in case of import of components by indigenous manufacturer, he shall furnish; i. Certificate from the jurisdictional Excise authorities as evidence of having supplied/ received the manufactured capital goods; ii. Evidence of payment received through the normal banking channel, from the EPCG licence holder. On being satisfied, the licensing authority shall issue a certificate of discharge of export obligation to the EPCG Licence holder and send a copy of the same to the customs authorities with whom BG/LUT has been executed. 6.14 Pro Rata Reduction/ Extension In Export Obligation If the EPCG licence holder has not utilised the full or utilised in excess, the CIF value of the licence for import/ indigenous procurement of capital goods allowed therein, his export ii.

obligation shall stand reduced/ enhanced on prorata basis with reference to the actual utilisation of the licence. In such cases where the CIF value actually utilised is more than the CIF value covered by the licence, the licence holder shall furnish additional fee to cover the excess CIF value of imports effected subsequently. 6.15 Extension of Export Obligation Period The competent authority, as mentioned in paragraph 6.8, may consider, on merits, request for extension in export obligation period, including extension for any one year or any one block of years, for fulfillment of export obligation subject to the condition that extension of export obligation shall not exceed a total period of one year from the date of expiry of the export obligation period. The extension in export obligation period shall be subject to such terms and conditions as may be prescribed by the competent authority. 6.16 Penal Action In case of failure to fulfil the export obligation or any other condition of the licence, the licence holder shall be liable for action under the Foreign Trade (Development & Regulation) Act, 1992, the Orders and Rules made thereunder, the provisions of the Policy and the Customs Act, 1962. 6.17 Export Obligation Shortfall The competent authority as mentioned in paragraph 6.8 may also consider condonation of shortfall upto 5% in the export obligation subject to such terms and conditions as may be prescribed by them. 6.18 Maintenance of Records Every EPCG licence holder shall maintain for a period of 3 years from the date of redemption, a true and proper account of the exports/supplies made and services rendered towards fulfillment of export obligation under the scheme. 6.19 Regularisation of Bonafide Default In case, EPCG licence holder fails to fulfil the prescribed export obligation, he shall pay duties of Customs plus 24% interest per annum to the Customs authority as per paragraph 6.11. In addition, the licence holder shall surrender to the licensing authority SIL of a value equivalent to 5 times the CIF value of actual imports on prorata basis. 6.20 Re-fixation of average export obligation

Wherever average level of export obligation was fixed taking into account the exports made to former USSR or to such countries as are notified by the Directorate General of Foreign Trade under this paragraph, the average level of exports shall be reduced by excluding exports made to such countries.

Export Duty / Cess

THE SECOND SCHEDULE EXPORT TARIFF (This section was last amended incorporating necessary changes referred in Custom Notification No. 132/2000 dtd. 17th October, 2000) GENERAL EXPLANATORY NOTE The abbreviation % in any column of this Schedule, in relation to the rate of duty, indicates that duty on the goods to which the entry relates shall be charged on the basis of the value of the goods as defined in section 14 of the Customs Act, 1962 (52 of 1962), the duty being equal to such percentage of the value as is indicated in that column.

Heading No. (1) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12.

Description of article (2) Coffee Black pepper De-oiled groundnut oil cakes De-oiled groundnut meal (solvent extracted variety) Tobacco unmanufactured

Rate of duty

(3) Rs. 2200 per quintal Rs. 5 per kilogram Rs. 125 per tonne Rs. 125 per tonne 75 paise per kilogram or 20% whichever is lower Sillimanite 20% Kyanite Rs. 40 per tonne Mica, including fabricated mica 40% Steatite (Talc) 20% Manganese ore Rs. 20 per tonne Iron ore, all sorts 10% plus Rs. 50 per tonne The following chromite ore and concentrates, namely 10% :i. ii. iii. High grade fines and concentrates with Cr2O3 content 47% and above Medium grade fines and concentrates with Cr2O3 content 35% and above but below 47% Lumpy ore with Cr2O3 content 35% and above but below 42%

iv.

Low grade lumpy ore or fines or concentrates with Cr2O3 content below 35% and FeO content above 23% 20% 60% Rate changed vide Notification Custom Notification No. 132/2000 dtd. 17th October, 2000)

13. 14.

Manganese Dioxide Hides, Skins and leathers, tanned and untanned, all sorts, but not including manufactures of leather

15. 16. 17. 18.

Details Raw wool 25% Raw cotton Rs. 2500 per tonne Cotton waste, all sorts 40% Jute manufactures (including manufactures of Rs. 150 per tonne Rs. 700 Bimlipatam Jute or of Mesta Fibre) when not in actual per tonne Rs. 1000 per tonne use as covering, receptacles or bindings, for other Rs. 200 per tonne Rs. 150 per goods tonne 1. Not elsewhere specified 2. Hessian Cloth and Bags i. ii. Carpet Backing Other hessian cloth (including narrow Backing Cloth) and Bags 1. Jute canvas, jute webbings, jute tarpaulin cloth and manufactures thereof 2. Sacking (cloth, bags, twist, yarn, rope and twine)

19. 20.

Coir Yarn Groundnut i. ii. Groundnut kernel Groundnut in shell

15% Rs. 1500 per tonne Rs. 1125 per tonne

21. 22. 23. 24. 25.

Animal Feed Cardamom Tea Barytes Turmeric

Rs. 125 per tonne Rs. 50 per kilogram Rs. 5 per kilogram Rs. 50 per tonne Rs. 1500 per tonne Rs. 2000

per tonne i. ii. 26. in powder form in any other form

Granite (including black granite), porphyry and basalt, 15% all sorts
y y y

General Exemptions Exemption Notifications Departmental Clarifications & Case Laws CESS ON EXPORT OF SCHEDULED PRODUCTS

In exercise of the powers conferred by sub-section (1) of section 3 of the Agricultural & Processed Food Products Export Cess Act, 1985 (3 of 1986), the Central Government hereby specifies 0.5% ad valorem as the rate of duty of customs which will be levied and collected as cess on export of all scheduled products with immediate effect. [Ministry of Commerce Notification S.O. 915 (E), dated 15-12-1986.] CESS ON SPICES The following rates were prescribed for levy of Cess on Spices with Ministry of Commerce Notification S.O. No. 975 (E), dated 6-11-1987 amended by Notification S.O. No. 1051 (E), dated 8-12-1998.

Sl. No. (1) 01 03 05 07 09 11 13 15 17 19 21 23 25

Name of Spice (2) Cardamom Chilly Turmeric Cumin Fenugreeck Aniseed Caraway Cinnamon Garlic Kokam Mustard Pomegrannate Vanilla

Rate of Cess Ad valorem (3) 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent

Sl. No. (1) 02 04 06 08 10 12 14 16 18 20 22 24 26

Name of Spice Rate of Cess ad valorem (2) (3) Pepper 0.5 Percent Ginger 0.5 Percent Coriander 0.5 Percent Fennel 0.5 Percent Celery 0.5 Percent Bishopsweed 0.5 Percent Dill 0.5 Percent Cassia 0.5 Percent Curry Leaf 0.5 Percent Mint 0.5 Percent Parsley 0.5 Percent Saffron 0.5 Percent Tejpat 0.5 Percent

27 29 31 33 35 37 39 41 43 45 47 49 51

Pepper Long Sweet Glag Horse Raddish Clove Cambedge Juniper Berry Lovage Nugmeg Basil All Spice Sage Thyme Terragon

0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent

28 30 32 34 36 38 40 42 44 46 48 50 52

Star Anise Greater Galanga Caper Asafoetida Hyssop Bay Leaf Marjoram Mace Poppy Seed Rosemarry Savory Oregano Tamarind

0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent 0.5 Percent

The rate of Cess on Species which are in the form of curry powders, spice products, spice powders, spice oil, oleoresins and other mixtures where spice content is predominant shall be 0.5 per cent ad valorem. These rates are effective from 8-12-1998.