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of <h1>Government Amends Notification 101/93-Customs: Imported Materials Restricted from Transfer After Export Obligations Fulfilled</h1> The Central Government has amended Notification No. 101/93-Customs, initially issued on March 16, 1993, under the Customs Act, 1962. The amendment specifies that materials imported under a license issued after March 31, 1993, cannot be transferred post-discharge of export obligations, realization of sale proceeds, and redemption of bond by the licensing authority. Instead, these materials may be utilized by the importer for manufacturing other goods. This amendment is made in the public interest and reflects changes in the conditions outlined in the original notification.
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