https://www.taxtmi.com/notifications?id=20651 The amendment extends the customs exemption to spares and consumables (other than those in the Table) up to 1.5% of the ex factory value of manufacture of export articles for the preceding year, or a higher percentage as the Central Government may allow on the Board of Approvals' recommendation, provided such supply is specified in the export contract and the Assistant Collector of Customs is satisfied that their values are included for arriving at value addition under the Import and Export Policy. en-us Thu, 09 Jun 1988 00:00:00 +0530 Fri, 28 Aug 2009 16:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=20651 The amendment extends the customs exemption to spares and consumables (other than those in the Table) up to 1.5% of the ex factory value of manufacture of export articles for the preceding year, or a higher percentage as the Central Government may allow on the Board of Approvals' recommendation, provided such supply is specified in the export contract and the Assistant Collector of Customs is satisfied that their values are included for arriving at value addition under the Import and Export Policy. Notifications Customs Thu, 09 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/notifications?id=20651