Singapore legislation

Clause 18

Repeal and re-enactment of section 72

Section 72 of the Ordinance is hereby repealed and the following substituted therefor: —“Drawback on goods used in manufacture

72. Where any goods are prescribed to be goods in respect of which drawback may be allowed on exportation as part or ingredient of any goods manufactured in Singapore and such prescribed goods are so exported by the manufacturer as part or ingredient of any goods manufactured in Singapore, then if customs duty has been paid on such prescribed goods and not drawn back the Comptroller may, on such exportation, allow to the manufacturer a drawback of the duty so paid at such rates as may be prescribed, if —

(a)

the goods exported have been manufactured on premises approved by the Comptroller;

(b)

provision to the satisfaction of the Comptroller has been made for the control and supervision on such premises of the deposit and issue for use of the prescribed goods;

(c)

such books of account are kept as the Comptroller may require for the purpose of ascertaining the quantity of the prescribed goods used in such manufacture;

(d)

such prescribed goods are exported within twelve months from the date upon which customs duty was paid; and

(e)

a declaration has been made by the person entitled to drawback that the conditions on which drawback is payable have been fulfilled.”.

Read in full context — Customs (Amendment) Bill →