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Seeks to amend Notification 12/2012 – Customs, dated 17-03-2012.

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..... stoms New Delhi, the 20 th March, 2012 G.S.R. (E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department o .....

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..... shall be inserted, 25A If,- (a) The importer furnishes an undertaking to the Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, that such imported goods will be used for the purpose specified and in the event of his failure to comply with this condition, he shall be liable to pay, in respect of such quantity of .....

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..... of India Note.- The principal notification No. 12/2012-Customs , dated the 17 th March, 2012 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 185(E) dated the 17 th March, 2012, which has not been amended so far . - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T .....

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