Extension of customs notification validity to prolong exemption applicability in support of domestic automobile industry development. Under Section 66 of the Customs Act, the Central Government amended Notification No. 522/86-Customs by substituting the expiry date in paragraph 2 with a new later date, stating the amendment was made in the interest of development of the domestic automobile industry, thereby extending the notification's validity to prolong the applicability of the exemption.
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Extension of customs notification validity to prolong exemption applicability in support of domestic automobile industry development.
Under Section 66 of the Customs Act, the Central Government amended Notification No. 522/86-Customs by substituting the expiry date in paragraph 2 with a new later date, stating the amendment was made in the interest of development of the domestic automobile industry, thereby extending the notification's validity to prolong the applicability of the exemption.
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