Import value limit for readymade garments under VBAL increased by amendment, raising permissible proportion of assessed value. Amendment to Notification No. 107/95-Customs substitutes the words and figures in condition (2) to raise the permitted proportion of value applicable to readymade garment imports under the value-based allowance scheme; the change is effected by executive exercise of powers under the Customs Act as a substitution of the existing cap in that condition.
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Provisions expressly mentioned in the judgment/order text.
Import value limit for readymade garments under VBAL increased by amendment, raising permissible proportion of assessed value.
Amendment to Notification No. 107/95-Customs substitutes the words and figures in condition (2) to raise the permitted proportion of value applicable to readymade garment imports under the value-based allowance scheme; the change is effected by executive exercise of powers under the Customs Act as a substitution of the existing cap in that condition.
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