Customs exemption amendments increase value thresholds and require Chartered Engineer certification for units not registered with Central Excise. The Central Government, invoking sub-section (1) of section 25 of the Customs Act, 1962, amends notification No.154/94-Customs by increasing specified monetary thresholds in the schedule, and amends notification No.21/2002-Customs by adding verification from an independent Chartered Engineer for units not registered with Central Excise while retaining Deputy Commissioner of Central Excise verification for registered units.
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Customs exemption amendments increase value thresholds and require Chartered Engineer certification for units not registered with Central Excise.
The Central Government, invoking sub-section (1) of section 25 of the Customs Act, 1962, amends notification No.154/94-Customs by increasing specified monetary thresholds in the schedule, and amends notification No.21/2002-Customs by adding verification from an independent Chartered Engineer for units not registered with Central Excise while retaining Deputy Commissioner of Central Excise verification for registered units.
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