Amendment in Notification Nos 111/95 , 29/97, 49/2000, 44/2002 in relation to EPCG scheme

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....Table annexed hereto, shall be amended or further amended, as the case may be, in the manner as specified in corresponding entry in column (3) of the said Table, namely:- Sl.No Notification No and date Amendment 1 111/95-Customs, dated the 5 th June, 1995. In the said notification, in paragraph 2,- (i) in condition (3), for the second proviso, the following provisos shall be substituted, namely :- "Provided further that where a sick unit notified by the Board for Industrial and Financial Reconstruction (BIFR) is subsequently taken over by another unit for revival, the export obligation may be fulfilled within a period of 12 years from the date of issue of license: Provided also that export obligation of a particular....

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....al, the export obligation may be fulfilled within a period of 12 years from the date of issue of license: Provided also that export obligation of a particular block may be set off by the excess exports made in the said preceding block (s)."; (ii) in condition (6), in the proviso, for the words and figures "of CIF value not less than Rs. 100 crores,", the words and figures "having overall export obligation period of 12 years," shall be substituted. 4 44/2002-Customs, dated the 15 th April, 2002 In the said notification, in paragraph 2,- (a) in condition (2),- (i) in the first proviso, for the words and figures "not less than Rs. 100 crores" the words and figures "not less than Rs. 100 crores or where the license is is....