TMI BlogExemption from additional duty to goods imported for execution of an export orderX X X X Extracts X X X X X X X X Extracts X X X X ..... tion 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 exempts the goods imported into India from the whole of the duty of Customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and from whole of the additional duty leviable thereon under section 3 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... obtained necessary permission in terms of paragraph 58 of the Export and Import Policy April 1992 - March 1997; (iii) that the goods are utilised only for the discharge of export obligation and no part thereof shall be sold, loaned, transferred or otherwise used or disposed of; (iv) that the F.O.B. value of the resultant products exported is at least 10% more than the C.I.F. value of all good ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ents, intermediates, consumables, parts, packing materials, patterns, drawings, jigs, tools, fixtures, moulds, tackles, instruments and computer hardware and software, as are directly related to the export order and supplied free of cost by the foreign buyer, and includes second-hand capital goods so supplied. 2. The notification shall come into force on the 1st day of April, 1995. - Notifica ..... X X X X Extracts X X X X X X X X Extracts X X X X
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