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of <h1>India Exempts Coastal Vessels from Certain Customs Act Provisions Under New Finance Ministry Notification.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 56/2016, superseding previous notifications dated September 11, 1997, and February 27, 1998. This notification, effective April 27, 2016, exempts vessels carrying exclusively coastal goods from the provisions of sections 92, 93, 94, 95, 97, and subsection (1) of section 98 of the Customs Act, 1962. The decision was made in the public interest under the authority granted by section 98A of the Customs Act.
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