Customs exemption scope expanded to include PEC Limited alongside State Trading Corporation for gold and silver imports. Exercising powers under sub-section (1) of section 25 of the Customs Act, 1962, the Central Government amended Notification No. 80/97-Customs (21 October 1997) by substituting the words that identify the beneficiary entity so as to add an additional trading enterprise alongside the previously named importer, thereby expanding the textual scope of the miscellaneous exemption governing imports of gold and silver.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption scope expanded to include PEC Limited alongside State Trading Corporation for gold and silver imports.
Exercising powers under sub-section (1) of section 25 of the Customs Act, 1962, the Central Government amended Notification No. 80/97-Customs (21 October 1997) by substituting the words that identify the beneficiary entity so as to add an additional trading enterprise alongside the previously named importer, thereby expanding the textual scope of the miscellaneous exemption governing imports of gold and silver.
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