Exemption to marine freight containers cleared from 100% EOU into DTA for exports

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..... Notification No. 24/98-CE Dated 05/08/1998 In exercise of the power conferred by sub-section (i) of Section 5A of the Central Excise Act, 1944 (1 of 1944) . The Central Government, being satisfied that it is necessary in the public interest so to do hereby exempts marine freight containers falling under Chapter 86 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) .....

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..... Assistant Commissioner of Customs and to pay the duty leviable thereon in the event of the failure of the said buyer to export the said marine freight containers : Provided further that the aforesaid period of six months may, on sufficient cause being shown, be extended by the Assistant Commissioner of Customs for a further period not exceeding six months. NOTE:- To create a level playin .....

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