Amendment to Notification No. 116/88-Cus. [G.E. No. 147] - 225/88 - Customs -Tariff

Amendment to Notification No. 116/88-Cus. [G.E. No. 147] Notification No. 225/88-Cus. Dated 21-7-1988 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 amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 116/88-Customs [G.S.R. No. 406(E)], dated the 30th March, 1988, namely :- In the said notification, in the Explanation, in clause (viii), the following words shall be inserted at the end, namely :- ", and where the relevant export order to be executed requires setting up of an industrial project or plant, the expression "materials" shall include such items as are imported into India against an Advance Licence, for subsequent exportation after carrying out modification or alignment or processing necessary for rendering them an integral part or sub-system of the said industrial project or plant."