Export/export promotion/processing by 100% EOUs and Units in EPZ or FTZ - Amendment to Notification Nos. 133/94-Cus. and 53/97-Cus. - 59/98 - Customs -Tariff

Export/export promotion/processing by 100% EOUs and Units in EPZ or FTZ - Amendment to Notification Nos. 133/94-Cus. and 53/97-Cus. Notification No. 59/98-Cus. Dated 3-8-1998 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 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 further amended in the manner specified in the corresponding entry in column (3) of the said Table. TABLE S. No. Notification No. and date Amendment 1. 2. 3. 1. 133/94-Customs, dated the 22nd June, 1994 In the said notification, in paragraph 4, in the proviso, "for the words and figures Export Promotion Capital Goods scheme permitting import of capital goods at the rate of duty of 15% ad valorem ," the words and figures "Export Promotion Capital Goods schemes permitting import of capital goods the rate of duty of 10% ad valorem , or at zero rate of duty" shall be substituted. 2. 53/97-Customs, dated the 3rd June, 1997 In the said notification, in paragraph 1, in condition (5), in the proviso, for the words "Export Promotion Capital Goods scheme permitting import of capital goods at the rate of duty of 10% ad valorem ", the words and figures "Export Promotion Capital Goods schemes permitting import of capital goods at the rate of duty of 10% ad valorem or at zero rate of duty" shall be substituted.