Notification No. 58/2003, Dated 1st April 2003

1st April, 2003

Notification No. 58/2003 - 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 amendment in the notification of the Government of India in the erstwhile Ministry of Finance (Department of Revenue), No. 21 / 2002-Customs, dated the 1st March, 2002, namely:-

In the said notification,-

(i) in the Table, after S.No. 426 and the entries relating thereto, the following shall be inserted, namely:-

(1)

(2)

(3)

(4)

(5)

(6)

"426A.

Any Chapter

All items of equipment including machinery and rolling stock, procured by or on behalf of Delhi Metro Rail Corporation Ltd. for use in the Delhi MRTS Project

Nil

Nil

92";

(ii) in the Annexure, after Condition No. 91 and the Conditions relating thereto, the following Condition No. and Conditions shall be added, namely:-

Condition No.

Conditions

"92.

If, at the time of importation, the importer produces to the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, a certificate from the Chairman or the Managing Director of the Delhi Metro Rail Corporation Ltd., to the effect that -

  1. the goods are procured by or on behalf of the Delhi Metro Rail Corporation Ltd. for use in the Delhi MRTS Project; and

  2. the goods are part of the inventory maintained by the Delhi Metro Rail Corporation Ltd. and shall be finally owned by the Delhi Metro Rail Corporation Ltd.".

V. Sivasubramanian
Deputy Secretary to the Government of India

F.No.354/7/2003-TRU

Note: The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 21/2002-Customs, dated the 1st March, 2002 [G.S.R. 118(E), dated the 1st March, 2002] and was last amended vide notification No. 26/2003- Customs, dated the 1st March, 2003 [G.S.R. 161(E), dated the 1st March, 2003].

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