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Vide Finance act, 1994, Section 61 of the Customs Act, 1962 was amended and the normal warehousing period in respect of capital goods warehoused by 100% EOUs have been fixed for five years which is further extendable. Further the Board had been vested with powers under section 61(2) to specify class of goods in official Gazette in which no interest on duty shall be chargeable. Consequent to
