Capital goods, components and spares thereof etc. imported under EPCG Scheme for rendering services by hotel industry - Amendment to Notification No. 29/97-Cus. - 62/98 - Customs -Tariff

Capital goods, components and spares thereof etc. imported under EPCG Scheme for rendering services by hotel industry - Amendment to Notification No. 29/97-Cus. Notification No. 62/98-Cus. Dated 11-8-1998 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 further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 29/97-Customs, dated the 1st April, 1997, namely :- In the said notification, in the first paragraph, for the proviso, the following shall be substituted, namely :- "Provided that where the said goods are required for - (i) the manufacture of leather garments, textile garments (including knitwears), agro products and products of horticulture, floriculture and poultry, or (ii) rendering services by hotel industry, such goods shall be exempt from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act".