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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (i)

PUBLISHED BY AUTHORITY

No. 158] NEW DELHI, THURSDAY, OCTOBER 14, 1965/ASVINA12, 1887

Separate paging is given to this Part in order that it may be filed

as a separate compilation.

MINISTRY OF FINANCE

(Department of Revenue)

NOTIFICATION

CUSTOMS

New Delhi, the 14th October 1965

G.S.R. 1539.—In exercise of the powers conferred by sub-section (1) of sec- tion 26 of the Customs Act, 1962 (52 of 1962), read with sub-section (4) of sec- tion 77 of the Finance Act, 1965 (10 of 1965), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts seed lac and stick lac, when imported into India, from:—

(i) the whole of the duty of customs leviable thereon, and

(11) the whole of the regulatory duty of customs leviable thereon under the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 61-Customs, dated the 11th May. 1965 issued under sub-section (1) of section 77 of the second mentioned Act,subject to the following conditions, namely: — (1) that the importer makes a declaration at the time of import that the goods are being imported for processing and re-export; (2) that the goods are exported in the form of shellac within six months of the date of importation or within such extended period not exceeding one year as the Collector of Customs may allow and in (513 )

the case of that portion of the goods not exported, it is proved to the satisfaction of the Assistant Collector of Customs that it has been consumed in the processing of the goods exported:

Provided that the importer executes a bond in such form and in such sum as may be prescribed by the Assistant Collector of Customs binding himself to pay the duties referred to in clause (i) and clause (il) if the export does not taku place within the stipulated period or if any portion of the goods pot so exported is not proved to have been consumed In the processing- of the goods re-exported.

2. This notification shall be deemed to have come into force "n the 2OtH day of August, 1965.

[No. 165|F. No. 3|81|65-Cus.I.]

D. P. ANAND, Jt Secy.

MINISTRY OF HOME AFFAIRS

ERRATUM

Ministry of Home Affairs Notification No., Issued as G.S.R. 1418, dated 15th September, 1965, published at page 1471 of the Gazette of India, Part II, Section 3, Sub-section (i), dated 25th September, 1965, should be read as follows: —

"No. F. J5/3/65-P.IV."rniNlKD "* INDIA BY MM QKMKRAL MANAGER, GOVERNMENT OF INDIA PRKBfl, N IW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS, DELHI, 1 9 65