This notification amends notification No. 3/88-Customs dated the 14th January, 1988, 277/90-Customs, dated the 12th December, 1990 and 177/94-Customs, dated the 21st October, 1994
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.... hereby directs that each of the notifications of the Government of India, in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed shall be amended 01 further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table. TABLE S.No. Notification No. and date Amendment (1) (2) (3) 1. 3/88-Customs dated the 14th January, 1988 In the said notification, in the opening paragraph, • in clause (a) of condition (ix), the words "prevalent at the time of import", the words "in force on the date of payment of such duty", shall be substituted; • in condition (xi), after the ....
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....he rate of duty of 10% ad valorem, or at zero rate of duty in terms of notification in force at the time at de-bonding. Explanation.— The depreciation in respect of capital goods covered by clause (h) above shall be allowed for the period tram the date of commencement of commercial production of the unit or where such goods have been imported after such commencement, from the date such goods have come into use for commercial production, upto the date of payment of duty." 2. 277/90-Customs, dated the 12th December, 1990 In the said notification, in the opening paragraph, • in clause (a) of condition (x) for the words "prevalent at the time of impart", the words "in force on the date of payment of such duty",....
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....omotion Capital Goods Scheme permitting import of capital goads at the rate of duty of 20% ad valorem, or at zero rate of duty in terms of notification in force at the time of de-bonding. Explanation : The depreciation in respect of capital goods covered by clause (g) above shall be allowed for the period from the date of commencement of commercial production of the unit or where such goods have been imported after such after such commencement, from the date such goods have come into use for commercial production, upto the date of payment of duty." 3. 177/94-Customs, dated the 21st October, 1994 In the said notification, in the opening paragraph, - • in condition (7), after clause (v) and entries relating the....
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