Amendments notification no. 49/2000, 44/2002, 55/2003 and 97/2004

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....fied in the corresponding entry in column (3) of the said Table, namely :-   Table S.No Notification No. and date Amendment (1) (2) (3) 1. 49/2000-Customs, dated the 27 th April,2000 [Vide G.S.R 365(E), dated the 27 th April, 2000] In the said notification,- (a) after paragraph 3, the following paragraph shall be inserted, namely,- 4. where the total exports of a sector or product group during the year 2007-08 has declined by more than 5% as compared to the year 2006-07, the average export obligation of the licencee for 2007-08 may be reduced proportionate to the reduction in exports of that particular sector /product group during 2007-08 as against 2006-07;" in the Explanation, in clause (4), after sub-clau....

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....raph shall be inserted, namely,- " 4. where the total exports of a sector or product group during the year 2007-08 has declined by more than 5% as compared to the year 2006-07, the average export obligation of the licencee for 2007-08 may be reduced proportionate to the reduction in exports of that particular sector /product group during 2007-08 as against 2006-07;" in the Explanation, in clause (4), after sub-clause (ii) the following sub-clause shall be inserted, namely,- "(iii) shall be, over and above, the average level of exports achieved by the licencee in the preceding three licencing years for same and similar products". 4. 97/2004-Customs, dated the 17 th September,2004 [Vide G.S.R 620 (E), dated the 17 th September, 2....