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          <h1>Shipping Bill Regulations for Aircraft Spares Enacted Under Section 157 of Customs Act 1962, Effective May 24, 1975.</h1> The Shipping Bill for Aircraft Spares Ex-bond Regulations, 1975, established under the authority of section 157 of the Customs Act, 1962, are regulations formulated by the Central Board of Excise and Customs. These regulations, identified as Notification No. 41-Cus., were officially enacted on May 24, 1975. They are titled to facilitate the customs process concerning the shipping of aircraft spares from bonded warehouses and took effect upon their publication in the Official Gazette.

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