Imports against V.B.A.L. - Notification No. 104/95-Cus. Amended

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....al 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. 104/95-Customs, dated the 30th May, 1995 published in the Gazette vide GSR No. 458(E), dated the 30th May, 1995, namely :- In the said notification, - (A) in condition (2),....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....er referred to as the said norms), and which inputs are declared by the exporter to have been actually used in the product exported; (ii) shall be admissible only where the export product is declared and if necessary proved to the satisfaction of the Assistant Commissioner of Customs to have been manufactured out of inputs of prime quality, except where the said norms allow import of scrap or was....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....st in the business of each other, and the price is the sole consideration for the sale or offer for sale and for the purpose of this clause the time and place of importation shall be deemed to be the time and place of the order permitting exportation of the export products in terms of Section 51 of the said Customs Act; and (II) such value shall be calculated with reference to the rate of exchang....