Fasteners and Poly wadding materials - Amendment to Notification No. 23/98-Cus., dated 2-6-1998 - 55/98 - Customs -Tariff

Fasteners and Poly wadding materials - Amendment to Notification No. 23/98-Cus., dated 2-6-1998 Notification No. 55/98-Cus. Dated 30-7-1998 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 amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 23/98-Customs, dated the 2nd June, 1998, namely : In the said notification, - (i) In the Table, after serial No. 106 and the entries relating thereto, the following shall be inserted, namely, - (1) (2) (3) (4) (5) (6) "106A 56.01, 96.06 or 96.07 Fastners and poly wadding materials Nil Nil 13A" (ii) In the Annexure, after condition No. 13, the following condition shall be inserted, namely : "13A If - (a) the goods are imported by a manufacturer of textile garments for use in the manufacture of textile garments for export by that manufacturer and that the said manufacturer is registered with the Apparel Export Promotion Council; (b) the value of the goods imported does not exceed 2% of the FOB value of textile garments exported during the preceding financial year; and (c) the importer produces a certificate from the Apparel Export Promotion Council certifying the value of exports made during the financial year mentioned in clause (b) above and also the value and quantity of fastners and poly wadding materials already imported under this notification during the current financial year."