Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Raw Materials, Components, Intermediates, Consumables, Parts other than Spares and Packing Materials for the Manufacture of Final Goods to be Supplied to Specified Agencies or Projects

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ials for the Manufacture of Final Goods to be Supplied to Specified Agencies or Projects Notification No. 260/92-Cus. Dated 27-8-1992 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 210/82-Customs, dated th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Act, subject to the following conditions, namely :- (1) that the importer has been granted necessary import licence or release order on the concerned canalising agency by the licensing authority as specified in the Import (Control) Order, 1955, for the import or release of the said goods for the aforesaid purpose; (2) that the import licence contains the following endorsements inter alia :- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ischarging the obligations against the said licence; and (5) the said imported goods are utilised for the manufacture of goods which are supplied to agencies specified in the Schedule and that no portion thereof shall be loaned, transferred, sold or disposed of in any other manner. 2. Notwithstanding anything contained in conditions (1) to (5) of paragraph 1. (a) In a case where the final go .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... under section 3 of the Imports and Exports (Control) Act, 1947 (18 of 1947), if at the time of clearance of the said goods for home consumption, the import licence required under this notification is produced by the importer. Schedule (i) Supplies made to United Nations Organisations or under the aid programme of the United Nations or other multilateral agencies and paid for in foreign exchan .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sed through Overseas Economic Cooperation Fund (OECF); Explanation. - In this notification, - (i) "Export and Import Policy" means the Export and Import Policy, 1 April, 1992 - 31 March, 1997 published vide Public Notice of the Government of India m the Ministry of Commerce No. 1-ITC(PN) 92-97 dated the 31st March, 1992; (ii) "Licensing authority" means an authority competent to grant a lic .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates