Importer certification requirement: importers must confirm no foreign exchange remittance for exempt imports; notification validity extended. Amendment requires that an importer claiming the exemption must certify in each case that no foreign exchange remittance was made for the import of the goods, and extends the notification's operative period by substituting its existing sunset date with a later date; both changes are made under the Central Government's power in section 25(1) of the Customs Act, 1962.
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Importer certification requirement: importers must confirm no foreign exchange remittance for exempt imports; notification validity extended.
Amendment requires that an importer claiming the exemption must certify in each case that no foreign exchange remittance was made for the import of the goods, and extends the notification's operative period by substituting its existing sunset date with a later date; both changes are made under the Central Government's power in section 25(1) of the Customs Act, 1962.
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