CUS NTF No.41/2002 Date 12/04/2002
Imports of Nepal Manufd. Goods - Exemption from Addl. Duty - Nepal Goods Must be from SSI - Imports Must be in IndiaIn 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 makes the following amendment in the notification of the government of India in the Ministry of Finance (Department of Revenue)
No 85/98-Customs, dated the 5 th November, 1998, namely:-
1. In the said notification, for paragraph 2, the following paragraph shall be substituted, namely:-
2. The exemption contained in this notification shall be admissible to goods,-
i) manufactured in Nepal by small scale units which are eligible to be referred to as small scale units under the Nepal Industrial Policy of 5 th December, 2001;
ii) imported into India; and
iii) subject to a certificate as appended to this notification, duly signed by an authorized signatory on behalf of His Majesty’s Government of Nepal, which is to be produced at the time of import.
2. This notification shall come into force on the
17th day of April, 2002.
(Bold figure has been corrected vide Corrigendum, Dt. 22/07/2002)Note:- The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R. 656 (E), dated the 5 th November, 1998.
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