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rule2004CENTRAL

Amendment in Rule 20 regarding settlement of export subsidy claims dated 9th November, 2004

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c • Tllli GAZETIE OF fNDIA:EXTRAORDINARY [PART li-s& MINISTRY Of CONSUMER A.FFArns:FOOD AND PUJilLIC DISTRIBUTION New Delhi, the 9th November, 2004 G.S.R 739(E).-In exercise of the powers conferred by Section 9 of the Sugar Development Fund Act, 1982 (4 of 1932). lhe Central Govenunenthereby makes the follo'l-ving rules further to amend "the Sugar Development Ftmd Rules, 1983, namely:- L 0) These mles may be called th.e Sugar D~vdopment Ftmd (Third A.mendmem) Rules, 2004 .. (2) They shtlll carne lntc force on the d<~te uftheirpublication in the Official Gazette. 2. In "the Sugar DeveJopmerit Fund Rules. 1983, i..11 rule 20, ill sub-mle (4), after the existipg proviso, L.~e ··Provided further that in resp<:r;t of e)..1JOrt shipments made on or after the 21st day of June 2002-again.St Release Orders issued up to 20th day of June 2004, the claims may be preferred within ninety days of the issueofthe Ba.Tlk Certificate <md in case ·the factory fails to prefer the claims within.th~ said period of ninety days, then it may submit the claims in anotht;;:r ninety davs.ln case the claim is submitted after the first ninety days. from the date of issue of the Bank Certi!1cate b-nt •:vilhL~ th~ ne:~1 ninety days. there shall be deduction of 10% of the. am;tmt adrnissible undertllisrule and the resulting mnount sbrtil b-:: paid lo !lie sugar facKr:r. No claim sh~H be entert<!!..ned after'-' peliod of cue hundred and eighty dc1.ys from the date of issue ofBa.n.k Certificate mentioned above,·· Note TI1e principal rcJies were published in lbc Gazette oflnda vide No. GSR Jj2(E) dated 28-9-83 and subsequently Printed by the Manager, Oovt. of India Pre:ss; Ring Road,. Mayapuci, New De1hi-1100G4