CUS NTF NO. 89/1982 DATE 25/03/1982

Free trade zone or hundred percent export-oriented
As amended by Notification No. 130/90-Cus., dated 20.3.1990. 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 exempts all the goods covered by the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much of the additional duty leviable thereon under section 3 of the second mentioned Act, as is in excess of the duty of excise for the time being leviable on like goods produced or manufactured in any place outside a free trade zone in India or hundred per cent export-oriented undertaking.

EXPLANATION.-

For the purpose of this notification, "free trade zone" and "hundred per cent export-oriented undertaking" have the same meaning as in Explanation 2 to sub- section (1) of section 3 of the Central Excises and Salt Act, 1944 (1 of 1944).

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