CUSTOMS NOTIFICATION NO. 01/1999 Dated 1st January, 1999

G. S. R. (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 makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 32/97-Customs, dated the 1st April, 1997, namely :-

In the said notification :-

(a) In condition (iv), the following proviso shall be inserted at the end, namely :-

"provided that where the resultant products are textile and clothing goods falling under chapters 50 to 63 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), the valve addition under this condition shall be of any positive value,"

(b) In Explanations, in clause (ii) for the words "components, intermediates, consumables, parts", the words "components, intermediates, semi-finished goods, consumables, parts" shall be substituted.

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