Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Customs Act and Tariff Act Now Cover India's EEZ and Continental Shelf for Mineral Oil Activities.</h1> The jurisdiction of the Customs Act, 1962, and the Customs Tariff Act, 1975, has been extended to the entire Exclusive Economic Zone (EEZ) and Continental Shelf of India, as per a notification dated 7th February 2002. This extension applies to activities related to the extraction or production of mineral oils, including petroleum and natural gas. Mineral oils extracted in these areas and brought to the mainland are not considered imports, thus exempt from customs duty. Conversely, goods brought from other countries to these areas for related activities are deemed imports and subject to duty. The circular rescinds Circular No. 17/2002-Cus.