Amends notification no. 52/2003 dated 31-3-2003 - Exemption to specified goods imported on procured by EOU's, STP Units, EHTP units etc. for specified purposes
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.... by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 52/2003-Customs, dated the 31st March, 2003, published in the Gazette of India, Extra....
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....er that" shall be substituted and before the proviso as so amended, the following proviso shall be inserted, namely:- "Provided that no such clearance or debonding of capital goods under the Export Promotion Capital Goods Scheme of Chapter 5 of the Foreign Trade Policy shall be allowed if the unit has not fulfilled the positive NFE criteria at the time of clearance or debonding in terms of Para 6....