Specified goods imported for production of goods for export - 401/86 - Customs -Tariff

Specified goods imported for production of goods for export Notification No. 401/86-Cus. Dated 4-8-1986 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. 262-Customs, dated the 16th August, 1985, namely :- In the said notification, after paragraph 3A, the following paragraph shall be inserted, namely:- "3B. Not with standing anything contained in this notification, the Collector of Customs may allow any excisable goods produced or manufactured or packaged within the Zone, to be taken outside the Zone to any other place in India for the purposes of display as samples subject to such conditions and restrictions as may be specified by the Development Commissioner of the Zone in this behalf, on payment of the duty of excise leviable on such excisable goods under section 3 of the Central Excises and Salt Act, 1944 (1 of 1944) : Provided that, the quantity of the excisable goods, so allowed to be taken outside the Zone to any other place in India for the purposes of display as samples together with the quantity of excisable goods allowed to be taken outside the Zone to any other place in India for the purposes of sale under and in accordance with the Import and Export Policy for April, 1985 - March, 1988 Volume (I) (published with the Public Notice of the Government of India in the Ministry of Commerce No. 1-ITC(PN)/85-88, dated the 12th April, 1985), as amended from time to time, in respect of any unit in the Zone shall not, in any financial year, exceed the limit specified in the said Import and Export Policy for the purposes of such sale of the excisable goods concerned."