| Date: |
18-01-1994
|
| Notification No: |
CUSTOMS Notification No 5/1994
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Tariff
|
| File No: |
|
| Subject: |
Exemption to specified goods, when imported into India by a Hundred Percent Export Oriented unit or a unit working in a Free Trade Zone
|
|
Exemption to specified goods, when imported into India by a Hundred
Percent Export Oriented unit or a unit working in a Free Trade Zone
Notification
No. 5 dated 18th January 1994
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 exempts goods falling under
the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported
into India by a hundred per cent export oriented unit or a unit working in a
free trade zone and when such goods are wholly exempted from the duty of customs
specified in the said first Schedule to the Customs Tariff Act, 1975 by virtue
of any notification of the Government of India in the Department of Revenue and
Banking or in the Ministry of Finance (Department of Revenue), from the whole of
the additional duty leviable thereon under section 9A of the said Customs Tariff
Act.
|
|
|