Notification No. 55/2007-Cus-Amendment in Notification No. 157/1990-Cus - relating to exemption on specified goods imported under an ATA Carnet.

Notification No. 55/2007-Cus Dated 12/4/2007

Amendment in Notification No. 157/1990-Cus - relating to exemption on specified goods imported under an ATA Carnet.- G.S.R. 287(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on 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 Ministry of Finance (Department of Revenue), No. 157/1990-Customs, dated the 1^st March, 2006, namely:-

In the said notification, in the first paragraph, in proviso to condition (5), for the words “on payment of customs duty with the prior approval of the Government of India in the Department of Revenue”, the words “in accordance with any law for the time being in force applicable to such goods and on payment of the duties of customs which are payable in respect of such goods” shall be substituted.

F.No.528/18008/2006-Cus.ICD

(ANUPAM PRAKASH)

Under Secretary to the Government of India

Note: The principal notification No.157/1990-Customs, dated the 28^th March, 1990, was published in the Gazette of India, Extraordinary, vide G.S.R.405(E), dated the 28^th March, 1990 and was last amended by notification No.21/2006-Customs, dated the 1^st March, 2006, G.S.R.122(E), dated the 1^st March, 2006.