Customs amendment: licensing terms broadened and supply proof requirement imposed for duty free cold rolled stainless steel imports. Amendment substitutes 'replenishment import licences or Import Export Pass Books (incorporating import licences)' for earlier words and replaces condition (a) so that the importer must, at clearance, satisfy the Assistant Collector of Customs that an equivalent quantity of cold rolled stainless steel plates, sheets and strips was supplied at internationally competitive prices to advance licence holders, replenishment licence holders or Import Export Pass Book holders entitled to duty free imports, using an equivalence of 1.111 tonnes of hot rolled coils per tonne of cold rolled product.
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Customs amendment: licensing terms broadened and supply proof requirement imposed for duty free cold rolled stainless steel imports.
Amendment substitutes "replenishment import licences or Import Export Pass Books (incorporating import licences)" for earlier words and replaces condition (a) so that the importer must, at clearance, satisfy the Assistant Collector of Customs that an equivalent quantity of cold rolled stainless steel plates, sheets and strips was supplied at internationally competitive prices to advance licence holders, replenishment licence holders or Import Export Pass Book holders entitled to duty free imports, using an equivalence of 1.111 tonnes of hot rolled coils per tonne of cold rolled product.
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