SEZ – Exemption to Castor Oil cake
Notification No. 113/2003 – cus exempts castor oil cake falling under item 23 06 9017 of the First Schedule to the said Customs Tariff Act, when manufactured from indigenous castor oil seeds on indigenous plant and machinery by a unit in special economic zone, which was in existence prior to the 1 st day of November, 2000 and brought to domestic tariff area in accordance with the provisions of the Special Economic Zones Act, 2005 (28 of 2005) and the Special Economic Zones rules, 2006, from the whole of the duty of customs leviable thereon under the said First Schedule and the additional duty, if any, leviable thereon under section 3 of the said Customs Tariff Act.
Now Castor de-oiled cake is also exempted, but now it is provided that
Exemption shall not apply in the cases where castor oil cake and castor de-oiled cake are manufactured out of inputs on which duty drawback or benefit under Duty Entitlement Passbook ( DEPB ) schemes or any other export benefit as admissible under the Foreign Trade Policy has been availed of either by the unit in special economic zone or by the supplier of inputs, as the case may be.
NOTIFICATION NO. ., Dated: December 17, 2007