Warehousing period: goods in bonded warehouses in export processing zones may be supplied to EPZ units or export oriented undertakings. The notification amends Notification No. 10/92-Cus. (N.T.) by inserting item (7) to permit goods imported and stored in a private or public bonded warehouse located in an Export Processing Zone to be supplied to units in any Export Processing Zone or to any fully export oriented undertaking; the Central Government exercises powers under the Customs Act to make this change and notes that Export Processing Zone bears the meaning in Explanation 2(i) to sub-section (1) of section 3 of the Central Excises and Salt Act, 1944.
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Warehousing period: goods in bonded warehouses in export processing zones may be supplied to EPZ units or export oriented undertakings.
The notification amends Notification No. 10/92-Cus. (N.T.) by inserting item (7) to permit goods imported and stored in a private or public bonded warehouse located in an Export Processing Zone to be supplied to units in any Export Processing Zone or to any fully export oriented undertaking; the Central Government exercises powers under the Customs Act to make this change and notes that Export Processing Zone bears the meaning in Explanation 2(i) to sub-section (1) of section 3 of the Central Excises and Salt Act, 1944.
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