Import against an Annual Advance Licence with actual user condition - Amendment to Notification No. 48/99-Cus.

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....rcise of the powers conferred 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 amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 48/99-Customs, dated the 29th April, 1999, namely :- (1) in ....

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....Licensing Authority in the form specified in the Schedule annexed to this notification. At the time of import, the full details of value, quantity, technical characteristics and other particulars, of the inputs imported against the said licence shall be entered in part 'C' of the said certificate by the proper officer"; (iii) for condition (vi), the following condition shall be substituted, nam....