Amendment to Notification Nos. 77/80-Cus. 262/85-Cus., 263/85-Cus., 339/85-Cus. 340/86-Cus., 170/93-Cus. & 227/79-Cus. - Modifying conditions of imports - 111/94 - Customs -Tariff

Amendment to Notification Nos. 77/80-Cus. 262/85-Cus., 263/85-Cus., 339/85-Cus. 340/86-Cus., 170/93-Cus. 227/79-Cus. - Modifying conditions of imports Notification No. 111/94-Cus. Dated 15-4-1994 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 paragraphs specified in column (3) of the Table annexed hereto of the notifications mentioned in column (2) of the said Table shall be amended in the manner specified in column 4 of the aforesaid Table, namely :- TABLE Sl. No. Notification No. Date Para No. Amendments (1) (2) (3) (4) 1. 77-Cus/80, dated the 17th April, 1980 262-Cus/85, dated the 16th August, 1985. 263-Cus/85, dated the 16th August, 1985. 339-Cus/85, dated the 22nd November, 1985. 340-Cus/86, dated the 13th June, 1986. 170-Cus/93, dated the 13th September, 1993. 227-Cus/79, dated the 30th November, 1979. 2C 3A 3A 3A 4 3 1B For the paragraph mentioned in column (3) against each of the notifications notifications mentioned in column (2), the following paragraph shall be substituted namely :- "Without prejudice to any other provisions contained in this notification, where it is shown to the satisfaction of the Assistant Collector of Customs that any unit in the Zone has been permitted to clear any of the goods outside the Zone to any other place in India by the Development Commissioner of the Zone, in accordance with the Export and Import Policy - (a) such clearance of machinery, material handling equipments, office equipments and captive power plants may be allowed on payment of an amount equal to the customs duty leviable on such goods on the depreciated value thereof and at the rate in force on the date of payment of such duty; (b) such clearance of goods (including empty cones, bobbins, containers, suitable for repeated use) other than the goods specified in clause (a) may be allowed on payment of customs duty on the value at the time of import and at rates in force on the date of payment of such customs duty; (c) such clearance of used packing materials such as cardboard boxes, polyethelene bags of a kind unsuitable for repeated use may be allowed without payment of any customs duty; Provided that the importer shall not be eligible to avail of the exemption applicable to goods falling under heading 98.01 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), or the exemption available to goods imported under the Export Promotion Capital Goods (EPCG) Scheme in terms of the Export and Import Policy or any other Export Promotion Schemes. Explanation. - The depreciation in respect of goods covered by clause (a) shall be allowed for the period from the date of commencement of commercial production of the unit or where such goods have been imported after such commencement from the date such goods have come into use for commercial production, upto the date of payment of duty."