Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Amendment to Notification No. 116/88-Customs: 'Materials' Now Includes Items Imported Under Advance Licence for Industrial Exports.</h1> The Central Government has amended Notification No. 116/88-Customs, dated March 30, 1988, under the Customs Act, 1962. The amendment involves the insertion of specific wording in the Explanation, clause (viii), of the original notification. It clarifies that for export orders requiring the establishment of an industrial project or plant, the term 'materials' includes items imported under an Advance Licence. These items are intended for subsequent export after modification, alignment, or processing to become integral parts or subsystems of the industrial project or plant.