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of <h1>India Amends Customs Rules: Extension to Service Providers, Redefinitions, and Extended Periods in Rules 5 & 7.</h1> The Government of India has amended the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2016. The amendments include the extension of these rules to service providers, where terms like manufacture and excise duty are redefined as service and service tax, respectively. Additionally, in rule 5, the term 'surety' is expanded to include 'security,' and in rule 7, the period mentioned is extended from 'three' to 'six.' These changes are effective from their publication in the Official Gazette.
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