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[TO BE PUBLISHED IN GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRTY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, the 6th June, 2007
Notification No. 76/2007-Customs
G.S.R. 417 (E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962),
the Central Government being satisfied that it is necessary in the public interest so to do, hereby directs that each of the
notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table
hereto annexed shall be amended or further amended, as the case may be, in the manner specified in the corresponding entry
in column (3) of the said Table, namely:-
TABLE
Sl
No
Notification No and
Date
Amendments
(1) (2) (3)
1.
55/2001-Customs,
dated the 16
th
May,
2001, G.S.R. 360
(E), dated the 16
th
May, 2001
In the said notification, in condition (iv), after entry (i), the following entry shall be inserted, namely:-
" (j) M/s International Diamond Laboratories DMCC, Dubai"
2.
41/1999-Customs,
dated 28
th
April,
1999, G.S.R. 289
(E), dated 28
th
April,
1999
In the said notification,
(1) in paragraph (a), for the clause (ii) and entries relating thereto, the following shall be substituted,
namely:-
"(ii) upto three per cent. of the Free On Board (FOB) value of preceding financial year of the export of
rhodium-finish jewellery made of silver imported by the exporter of such rhodium-finish silver jewellery;
(iii) upto two per cent. of the Free On Board (FOB) value of preceding financial year of the export of
jewellery made of silver imported by the exporter of such silver jewellery;";
(2) in the paragraph after paragraph (b), for the portion beginning with the words "Replenishment
Licence referred to in Para 4.80 of the Handbook of Procedures Volume-I, 1st September, 2004-
31st March, 2009, published by the Government of India in the Ministry of Commerce and Industry
vide Public Notice No. 1/2004-09, dated the 31st August, 2004, as amended from time to time", the
following shall be substituted, namely: -
"Replenishment Authorisation referred to in Para 4A.28 of the Handbook of Procedures Volume-I, the
1st September, 2004- 31st March, 2009, published by the Government of India in the Ministry of
Commerce and Industry vide Public Notice No. 1 (RE-2007)/2004-09, dated the 19
th
April, 2007, as
amended from time to time,";
(3) in proviso to paragraph (b), for the words "Replenishment Licence", the words "Replenishment
Authorisation" shall be substituted.
3.
52/2003-Customs
dated the 31
st
March,2003, G.S.R.
274 (E), dated the 31
st
March, 2003
In the said notification,
(1) in the proviso to paragraph 4, after clause (b), the following proviso shall be inserted, namely:-
"Provided further that in a case of exit by a unit where positive NFE criteria is fulfilled in terms of Para
6.18 (g) of Foreign Trade Policy, such clearance or debonding of goods shall be allowed under
Advance Authorization as one time option on payment of applicable duty.";
(2) after paragraph 13, in the Explanation , after Sr.No. (xi) and entries relating thereto, the
following serial number and entry shall be inserted, namely:-
"(xii) "NFE" means Net Foreign Exchange Earnings in terms of Para 6.5 of Foreign Trade Policy and
Para 6.10.1 of Handbook of Procedure, volume 1 and shall be calculated in the manner explained in
Annexure-I to Appendix 14-I-G of Handbook of Procedure, volume 1."

(F.No: DGEP/FTP/69/2007-EOU & G&J)
(Anupam Prakash)
Under Secretary to the Government of India
Note:-
1. The principal notification No. 55/2001-Cus, dated the 16th May, 2001 was published in the Gazette of India Extraordinary,
Part II, Section 3 (i) vide G.S.R. 360(E), dated the 16th May, 2001 and was last amended by notification No. 44/2006-Cus,
dated the 17th May, 2006 published vide G.S.R. 291 (E), dated the 17th May, 2006.
1. The principal notification No. 41/1999-Customs, dated the 28
th
April, 1999 was published in the Gazette of India
Extraordinary, Part II, Section 3 (i) vide G.S.R.289 (E), dated the 28
th
April, 1999 and was last amended by amended by
notification No. 87/2004-Customs, dated the 6
th
September, 2004 published vide G.S.R. 566 (E), dated the 6
th
September, 2004.
2. The principal notification No. 52/2003-Customs, dated the 31
st
March, 2003 was published in the Gazette of India
Extraordinary, Part II, Section 3 (i) vide G.S.R 274(E), dated the 31
st
March, 2003 and last amended by notification No.
5/2007-Cus, dated the 15
th
January, 2007 published vide G.S.R. 27 (E), dated the 15
th
January, 2007.