Notification No. 41/2002, Dated 12th April 2002

12th  April, 2002

Notification No. 41 /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 amendment in the notification of the Government of India in the Ministry of Finance     ( Department of Revenue) No 85/98-Customs,  dated the 5th November, 1998, namely:-

1.In the said notification, for paragraph 2, the following paragraph shall be substituted, namely:-

“2. The exemption contained in this  notification  shall be admissible to goods,-

i)manufactured in Nepal by small scale units which are eligible to be referred to as small scale units under the Nepal Industrial Policy of 5th December, 2001 ;

ii)imported into India ; and

iii)subject to a certificate, as appended to this notification,  duly signed by an authorized signatory on behalf of His Majesty’s Government of Nepal,  which is to be produced at the time of import.
2.This notification shall come into force on the 16th day of April, 2002.

Vivek Prasad
Under Secretary to the Government of India

F.No 552/25/2002-LC(Pt)  

Note: The principal notification  was published in the Gazette of India Extraordinary vide G.S.R  656 (E) dated the 5th November, 1998 .

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