CUS NTF 86/1997 DATED 24-11-1997
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 is necessary in the public interest
so to do, hereby directs that each of the notifications of the Government of India, in the
Ministry of Finance (Department of Revenue) specified in column (2) of the Table hereto
annexed shall be amended or further amended, as the case may, in the manner specified in the
corresponding entry in column (3) of the said
Table
S. Notification No. and Amendment
No. Date
(1) (2) (3)
1.95/93-Cus, dated the
2nd March, 1997. (i) In condition No. (13) for the words,
"Commissioner of Customs" the words "Assistant
Commissioner of Customs" shall be substituated.
(ii) After the condition (15), the following
condition shall be added, namely:-
"(16) Subject to the satisfaction of the Assistant
Commissioner of Customs, duty shall nbot be leviable
in respect of -
(i) the said goods used for imparting training to
workers,
(ii) the said goods or goods manufactured,
produce, processed or packaged in the unit, if such
goods are destroyed within the said complex;
(iii) in the Table, -
(a) Against serial No. 13 for the word
"re-conditioning or re-engineerign" shall be
substituted.
(b) After serial No. 13 as so amended, the
following shall be inserted, namely:-
"(14) goods re-imported within one year from
the date of exportation from the unit due to
failure of the foreign buyer to take
delivery.
"15 goods imported repairs, re-conditioning
or re-engineering, and export thereof within
3 years of the date of importation."
2.96/93-Cus dated
the 2nd March, 1993. (i) in condition No. (13), for the words
"Commissioner of Customs", the words "Assistant
Commissioner of Customs" shall be substituted.
(ii) after the condition No. (15), the following
condition shall be added, namely : -
"(16) Subject to the satisfaction of Assistant
Commissioner of Customs, duty shall not be leviable
in respect of -
(i) the said goods used for importing training to
workers,
(ii) the said goods or goods manufactured,
produced, processed or packaged in the unit if such
goods are destroyed within the unit.
(iii) the scrap or waste material or remnants
(arising in the course of such production,
manufacture, processing or packaging) if such scrap
or raw material or remnants are destroyed within the
unit".
(iii) in the Table -
(a) Against serial No. 13, for the words
"re-conditioning", the words "re-conditioning
or re-engineering" shall be substituted.
(b) After serial No. 13 as so amended, the
following shall be inserted, namely :-
"14 Goods re-imported within one year from
the date of exportation from the unit due to
failure of the foreign buyer to take
delivery.
15 Goods imported for repairs re-conditioning
or re-engineering, and export thereof within
3 years of the dated of importation".
3.133/94-Cus dated
the 2nd June, 1994 In the said notification in Annexure-1, against
serial No. 12, for the word
"re-conditioning", the words "re-conditioning or re-
engineering" shall be substituted.
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