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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Central Government Amends Customs Notifications to Align with Public Interest, Affecting Import Conditions and Export Obligations</h1> The Central Government has issued amendments to several customs notifications under the Customs Act, 1962, to align with the public interest. Key changes include modifications to the import conditions and export obligations under the Export Promotion Capital Goods Scheme. Specific amendments involve the exclusion of certain items from import, conditions for foreign exchange usage, and eligibility criteria for export benefits. Additionally, provisions have been made for waiving export obligations under unforeseen circumstances. These amendments affect notifications issued between 2004 and 2006, with changes to conditions and categories of exports eligible for duty credit scrip entitlement.
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