Warehousing Period - Amendment to Notification No. 10/92-Cus. (N.T.) - 32/92 - Customs - Non Tariff

Warehousing Period - Amendment to Notification No. 10/92-Cus. (N.T.) Notification No. 32/92-Cus. (N.T.) Dated 23-4-1992 In exercise of the powers conferred by sub-clause (v) of clause (a) of sub-section (1) of section 61 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary and expedient 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. 10/92-Customs (N.T.), dated the 17th February, 1992, namely :- In the said notification, after item (6), the following item shall be inserted, namely :- "(7) goods imported and stored in a private or a public bonded warehouse located in an Export Processing Zone for supply to units in any Export Processing Zone or to any hundred per cent export oriented undertaking.". Explanation. - For the purposes of this notification, "export processing zone" has the same meaning as in Explanation 2(i) to sub-section (1) of section 3 of the Central Excises and Salt Act, 1944 (1 of 1944).