Notification No. 137/2002, Dated 10th Dec 2002

10^th  Dec. 2002.

Notification No.  137 /2002-Customs

                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 erstwhile Ministry of Finance (Department of Revenue)  vide number 137/2000-Customs, dated the19th October,2000, namely,-

        In the said notification, for paragraph 4, the following paragraph shall be substituted namely,-

“4. Notwithstanding anything contained in this notification, the said unit engaged in trading shall be allowed to clear the said goods in the Domestic Tariff Area on payment of applicable duty subject to achievement of Net Foreign exchange Earning cumulatively:

                Provided that no duty shall be levied on the said goods if such clearance is against Advance License or special duty free entitlement as per the provision of Export and Import Policy or to other Special Economic Zone or Export Oriented Undertaking or Export Processing Zone or Electronic Hardware Technology Park or Software Technology Park units.”.       

Vijay Mohan Jain
Under Secretary to the Government of India. 

F.No.305/01/2002-FTT

Note:   The principal notification No. 137/2000-Customs, dated the 19^th October, 2000, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide GSR 804(E), dated the 19^th October, 2000, and was last amended by notification No. 81/2002-Customs, dated the 13^th August 2002, (vide GSR 562(E) dated the 13^th August 2002).