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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Customs Notification Amended: Key Condition Modified to Remove Rs.100 Crore Duty Saved Requirement Under Section 25(1)</h1> The Central Government has amended Notification No. 55/03-Customs, dated April 1, 2003, through Notification No. 140/2003-Customs, dated September 10, 2003, under the authority granted by section 25(1) of the Customs Act, 1962. The amendment involves the deletion of the phrase 'where the duty saved is not less than Rs.100 crores and' from condition (6) in the proviso of the original notification. This change is made in the interest of public policy. The principal notification was initially published on April 1, 2003, and was last amended on August 27, 2003.
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