Customs rate substitution reduces specified duty rate and inserts proviso limiting export obligation extensions subject to public notice. Amendments replace the previously stated customs rate with a reduced rate in specified conditions and sub-conditions of multiple notifications, effecting a uniform tariff change. One amended notification also inserts a proviso authorising the Licensing Authority to grant further extensions for fulfilment of export obligations subject to conditions in a Public Notice, with a firm terminal date beyond which extensions may not be granted. Each schedule entry records the amended notification and the effective date of the amendment.
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Provisions expressly mentioned in the judgment/order text.
Customs rate substitution reduces specified duty rate and inserts proviso limiting export obligation extensions subject to public notice.
Amendments replace the previously stated customs rate with a reduced rate in specified conditions and sub-conditions of multiple notifications, effecting a uniform tariff change. One amended notification also inserts a proviso authorising the Licensing Authority to grant further extensions for fulfilment of export obligations subject to conditions in a Public Notice, with a firm terminal date beyond which extensions may not be granted. Each schedule entry records the amended notification and the effective date of the amendment.
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