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<h1>Customs Notification Amendment Allows Value Adjustments for Imported Materials Due to Exchange Rate Changes, Maintaining Total Value Limit.</h1> Notification No. 8/92-Cus, dated January 3, 1992, amends Notification No. 159/90-Cus by the Ministry of Finance, Department of Revenue. Under the Customs Act, 1962, the amendment allows the Collector of Customs to adjust individual values of materials imported under advance licenses if the specified CIF value cannot be met due to factors like exchange rate fluctuations or price escalations. However, such adjustments must remain within the total value specified in the certificate. This change is deemed necessary in the public interest.