| Date: |
03-08-1998
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| Notification No: |
Customs Circular No 56/1998
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| Issuing Authority: |
Indian Customs
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| Type: |
Circular
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| File No: |
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| Subject: |
Regarding fast track clearance for goods imported by eligible importers - Modification in eligibility criteria
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Regarding fast track clearance for goods imported by eligible importers -
Modification in eligibility criteria
Circular No. 56dated 3rd
August 1998
I am directed to refer to Circular No. 63/97-Cus.,
dated the 21st November, 1997 as amended by circular No. 15/ 98-Cus., dated the
11th March, 1998 on the above subject. The Board has received several
representations from various trade organisations regarding the eligibility
criteria for the said scheme. These representations have been considered in
Board and it has been decided to amend clause A (vii) in para 4 of the aforesaid
circular (viz. 63/ 97) as follows:
�(vii) Manufacturer - importer of
electronic goods having investment of Rs. 3 crores and above".
Consequently, manufacture - importers of electronic goods having an investment
of Rs. 3 crores of more would now be eligible to avail of the captioned
procedure.
Kindly acknowledge receipt of the circular.
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