Components imported for manufacture of capital goods for supply to a person holding a licence under EPCG Scheme - Amendment to Notification No. 161/92-Cus. - 73/95 - Customs -Tariff

Components imported for manufacture of capital goods for supply to a person holding a licence under EPCG Scheme - Amendment to Notification No. 161/92-Cus. Notification No. 73/95-Cus. Dated 16-3-1995 In exercise 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 further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 161/92-Customs, dated the 20th April, 1992, namely :- In the said notification, - in condition (iv), in clause (1), the following proviso shall be added, namely :- "Provided that where capital goods required to be manufactured and supplied in terms of the said licence have already been supplied, the components may be used by the importer for manufacture of any other capital goods in his factory and evidence of receipt of such components in the factory and its utilisation for the aforesaid purpose be produced to the satisfaction of Assistant Collector of Customs at the port of importation in lieu of certificate envisaged in clause (3) hereunder".