Amendment to Notification No. 116/88-Cus. [G.E. No. 147] - 305/88 - Customs -Tariff

Amendment to Notification No. 116/88-Cus. [G.E. No. 147] Notification No. 305/88-Cus. Dated 11-11-1988 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 amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 116/88-Customs, dated the 30th March, 1988, namely :- In the said notification, in condition (d), for both the provisos, the following proviso shall be substituted, namely :- "Provided that where such exempt materials are imported for replenishment of materials used in the manufacture of resultant products exported, holder of an Advance Licence may utilise or dispose of the replenished materials in accordance with the provisions of paragraph 244 in Chapter XIX of the Import Export Policy April 1988 - March 1991;"