Capital goods - Concessional rate of duty for imports under EPCG Scheme - Amendment to Notification Nos. 110/95-Cus., 111/95-Cus., 28/97-Cus., and 29/97-Cus. - 42/98 - Customs -Tariff

Capital goods - Concessional rate of duty for imports under EPCG Scheme - Amendment to Notification Nos. 110/95-Cus., 111/95-Cus., 28/97-Cus., and 29/97-Cus. Notification No. 42/98-Cus. Dated 30-6-1998 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 amendments in 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 in the manner specified in the corresponding entry in column (3) of the said Table. TABLE Sl. No. Notification No. and date Amendment (1) (2) (3) 1. 110/95-Cus., dated the 5th June, 1995. In the said notification, for condition (6), the following shall be substituted, namely :- "(6) The capital goods imported, assembled or manufactured are installed in the importer's factory or premises and a certificate from the jurisdictional Assistant Commissioner of Central Excise or independent Chartered Engineer, as the case may be, is produced confirming installation and use of capital goods in the importer's factory or premises, within six months from the date of completion of imports or within such extended period as the said Assistant Commissioner of Customs may allow". 2. 111/95-Customs, dated the 5th June, 1995. In the said notification, for condition (7), the following shall be substituted, namely :- "(7) The capital goods imported, assembled or manufactured are installed in the importer's factory or premises and a certificate from the jurisdictional Assistant Commissioner of Central Excise or independent Chartered Engineer, as the case may be, is produced confirming installation and use of capital goods in the importer's factory or premises, within six months from the date of completion of imports or within such extended period as the said Assistant Commissioner of Customs may allow :". 3. 28/97-Customs, dated the 1st April, 1997. In the said notification, in condition (5), for the portion beginning with the words "The capital goods imported," and ending with the words "the said Assistant Commissioner of Customs may allow :", the following shall be substituted, namely :- "The capital goods imported, assembled or manufactured are installed in the importer's factory or premises and a certificate from the jurisdictional Assistant Commissioner of Central Excise or independent Chartered Engineer, as the case may be, is produced confirming installation and use of capital goods in the importer's factory or premises, within six months from the date of completion of imports or within such extended period as the said Assistant Commissioner of Customs may allow :". 4. 29/97-Customs, dated the 1st April, 1997. In the said notification, in condition (6), for the portion beginning with the words "The capital goods imported", and ending with the words "the said Assistant Commissioner of Customs may allow :", the following shall be substituted, namely :- "The capital goods imported, assembled or manufactured are installed in the importer's factory or premises and a certificate from the jurisdictional Assistant Commissioner of Central Excise or independent Chartered Engineer, as the case may be, is produced confirming installation and use of capital goods in the importer's factory or premises, within six months from the date of completion of imports or within such extended period as the said Assistant Commissioner of Customs may allow :".