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of <h1>Government Amends Customs Notification 513/86 to Update Provisions for Raw Materials Supply to ONGC Entities</h1> The Central Government has amended Notification No. 513/86-Customs, dated December 30, 1986, under the Customs Act, 1962, concerning the supply of raw materials and components to entities like O.N.G.C. The amendments include adding the phrase 'or after 31st March, 1993' to clause (iii) of paragraph 1A's proviso, and substituting the phrase 'value of the licence' with 'value of the licence issued up to 31st March, 1993' in sub-clause (b) of clause (ii) in the Explanation section. These changes are deemed necessary in the public interest.
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