Amendments to 9 notifications - G.E. Nos. 125, 126, 130, 131, 132, 133, 127, 192E & 192F - 154/93 - Customs -Tariff

Amendments to 9 notifications - G.E. Nos. 125, 126, 130, 131, 132, 133, 127, 192E 192F Notification No. 154/93-Cus. Dated 13-8-1993 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 annexed hereto, shall be further amended by inserting after the paragraph number of each of the said notifications as specified in the corresponding entry in column (3) of the said Table, the following paragraph with the paragraph number specified in the corresponding entry in column (4) of that Table, namely :- "Notwithstanding anything contained in paragraph 1, in the case of units engaged in the development of computer software, the exemption contained therein shall also apply to goods imported by such unit for the development of software for export and for providing consultancy ser vices for development of software 'on site' abroad : Provided that - (a) the conditions stipulated in this notification are complied with by such software development unit; and (b) the procedure specified by the Collector of Customs is followed. Explanation: With effect from 13th August, 1993, the consultancy fees received by software development units in convertible foreign currencies for consultancy services for development of software 'on site' abroad shall be deemed to be exports for the purposes of fulfilment of export obligation under this notification." TABLE S. No. Notification No. and date No. of the paragraph after which insertion to be made No. of the paragraph to be inserted (1) (2) (3) (4) 1. 227-Cus/79, dated the 30th November, 1979 1C ID 2. 77-Cus/80, dated the 17th April, 1980 2D 2E 3. 262-Cus/85, dated the 16th August, 1985 3B 3C 4. 263-Cus/85, dated the 16th August, 1985 3B 3C 5. 339-Cus/85, dated 21st November, 1985 3B 3C 6. 340-Cus/86, dated the 13th June, 1986 4A 4B 7. 13-Cus/81, dated the 9th February, 1981 2 3 8. 138-Cus/91, dated the 22nd October, 1991 2 3 9. 140-Cus/91, dated the 22nd October, 1991 1 2