Customs notification amendment expands exempted oil and gas equipment scope, revises listed services and extends the expiry deadline. Amendment revises a customs exemption notification under sub section (1) of section 25 of the Customs Act by adding contractual inclusion for Government of India, Oil India Limited and a foreign oil company, substituting updated descriptions for exempted specialised oil and gas equipment and telemetry/telecommunication systems in the annexed table, and extending the notification's expiry date by textual substitution.
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Customs notification amendment expands exempted oil and gas equipment scope, revises listed services and extends the expiry deadline.
Amendment revises a customs exemption notification under sub section (1) of section 25 of the Customs Act by adding contractual inclusion for Government of India, Oil India Limited and a foreign oil company, substituting updated descriptions for exempted specialised oil and gas equipment and telemetry/telecommunication systems in the annexed table, and extending the notification's expiry date by textual substitution.
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