Concessional duty extension for defence imports prolongs exemption period under the Customs Act, maintaining relief for eligible importers. The Central Government, exercising powers under section 25(1) of the Customs Act, 1962, amends Notification No. 39/96 Customs by substituting the specified terminal month in the Explanation to S. No. 15 of the Table, replacing the earlier terminal month with a later terminal month to extend the concessional duty period for specified defence imports.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Concessional duty extension for defence imports prolongs exemption period under the Customs Act, maintaining relief for eligible importers.
The Central Government, exercising powers under section 25(1) of the Customs Act, 1962, amends Notification No. 39/96 Customs by substituting the specified terminal month in the Explanation to S. No. 15 of the Table, replacing the earlier terminal month with a later terminal month to extend the concessional duty period for specified defence imports.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
