Amendment of Act 52 of 1962

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....e Imported into India after exportation therefrom, such goods shall be liable to duty and be subject to all the conditions and restrictions, if any, to which goods of the like kind and value are liable or subject, on the Importation thereof: Provided that if such importation (other than importation of goods exported in bond or of goods produced or manufactured in a free trade zone) takes ....

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....hat it is necessary in the public interest so to do, it may, by order in each case, extend the aforesaid period of three years for such further period as it may deem fit. Explanation I-Where in respect of any goods produced or manufactured in a free trade zone, any duty leviable under this sub-section is leviable at different rates, then, such duty shall be leviable at the highest of thos....

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....ll be omitted; (5) in sections 60, 72 and 73, the words, figures and letter "or section 59A" shall be omitted; (6) for section 61, the following section shall be substituted, namely:- '61. (1) Any warehoused goods may be left in the warehouse in which they are deposited or in any warehouse to which they may be removed,― (a) in the case of capital goods....

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....e reduced by the Collector of Customs to such shorter period as he may deem fit; Provided further that when the licence for any private warehouse is cancelled, the owner of any goods warehoused therein shall, within seven days from the date on which notice of such cancellation is given or within such extended period as the proper officer may allow, remove the goods from such warehouse to ....