Amendment to Notification No. 13/81-Cus. - Imported Capital Goods on export - Procedure - 09/88 - Customs -Tariff

Amendment to Notification No. 13/81-Cus. - Imported Capital Goods on export - Procedure Notification No. 9/88-Cus. Dated 29-1-1988 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 amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. 13-Customs/81, dated the 9th February, 1981, namely :- In the said notification, in the first paragraph, - (a) in condition (6), after the words "and conditions stipulated in this notification", the words, figures, abbreviations and brackets "and in or under the Import and Export Policy for April, 1985 - March, 1988, published under the Ministry of Commerce, Public Notice No. 1-ITC(PN)/85-88, dated the 12th April, 1985 (hereafter in this notification referred to as the said Import and Export Policy), as amended from the to time," shall be inserted; (b) in condition (7), for the words, figures, abbreviations and brackets "the Import and Export Policy for April, 1984 - March, 1985, published under the Ministry of Commerce, Public Notice No. 18/ITC(PN)/84, dated the 12th April, 1984", the words "the said Import and Export Policy" shall be substituted; (c) after condition (7), the following condition shall be inserted, namely :- "(8) the Collector of Customs may, subject to the conditions and limitations stipulated in the said Import and Export Policy, as amended from time to time, permit the goods imported into India for the purpose aforesaid or the goods manufactured or packaged there-from to be taken outside the Hundred Percent Export Oriented Undertaking concerned temporarily without payment of duty for repairs, processing or display and the importer shall be bound to comply with such conditions and limitations.".