Materials imported against advance licence with actual user condition or issued after 1-4-1997 - Amendment to Notification Nos. 30/97-Cus. and 31/97-Cus. - 10/98 - Customs -Tariff
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Customs exemption rate adjustment for materials imported under advance licence, amending specified notification clauses and prior threshold. Amendment increases the percentage threshold in exemptions for materials imported under advance licence with actual user condition or licences issued after 1 4 1997 by substituting the prior five percent figure with a higher figure in the Explanation to clause (iv)(b) of Notification No. 30/97-Cus. and in the Explanation to clause (ii)(b) of Notification No. 31/97-Cus., effected under the Customs Act authority.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption rate adjustment for materials imported under advance licence, amending specified notification clauses and prior threshold.
Amendment increases the percentage threshold in exemptions for materials imported under advance licence with actual user condition or licences issued after 1 4 1997 by substituting the prior five percent figure with a higher figure in the Explanation to clause (iv)(b) of Notification No. 30/97-Cus. and in the Explanation to clause (ii)(b) of Notification No. 31/97-Cus., effected under the Customs Act authority.
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