Authorisation expansion for gold import under export replenishment scheme adds Minerals and Metals Trading Corporation as permitted entity. The notification amends Notification No. 164/78-Cus by substituting the words identifying the authorised recipient so that the State Bank of India or the Minerals and Metals Trading Corporation are recognised as authorised entities for gold imported under the gold jewellery export replenishment scheme. The amendment is issued under sub-section (1) of section 25 of the Customs Act, 1962 in the public interest via Notification No. 183/92-Customs.
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Authorisation expansion for gold import under export replenishment scheme adds Minerals and Metals Trading Corporation as permitted entity.
The notification amends Notification No. 164/78-Cus by substituting the words identifying the authorised recipient so that the State Bank of India or the Minerals and Metals Trading Corporation are recognised as authorised entities for gold imported under the gold jewellery export replenishment scheme. The amendment is issued under sub-section (1) of section 25 of the Customs Act, 1962 in the public interest via Notification No. 183/92-Customs.
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