Capital goods imported by specified importer - Amendment to Notification No. 160/92-Cus. - G.E. No. 188A.
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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. 160/92-Customs, dated the 20th April, 1992, namely :- In the said notification, for....
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....ding 10% of CIF value of the capital goods actually imported; (ii) "Export and Import Policy" means the Export and Import Policy, 1 April, 1992 - 31 March, 1997 published vide Public Notice of the Government of India in the Ministry of Commerce, No. 1-ITC (PN) 92-97, dated the 31st March, 1992, as amended from time to time; (iii) "Licensing Authority" means an authority competent to grant a lice....