Customs duty exemption for special economic zone goods was later omitted from the Customs Act. Section 76E of the Customs Act, 1962, concerning exemption from duties of customs for goods admitted to a special economic zone, is shown as omitted. The note records that the provision was inserted by the Finance Act, 2002 and later omitted by the Finance Act, 2007. The omitted text stated that goods admitted to a special economic zone were exempt from customs duties, without prejudice to sections 76F, 76G and 76H.
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Customs duty exemption for special economic zone goods was later omitted from the Customs Act.
Section 76E of the Customs Act, 1962, concerning exemption from duties of customs for goods admitted to a special economic zone, is shown as omitted. The note records that the provision was inserted by the Finance Act, 2002 and later omitted by the Finance Act, 2007. The omitted text stated that goods admitted to a special economic zone were exempt from customs duties, without prejudice to sections 76F, 76G and 76H.
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