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Attention is invited to the notifications permitting duty free procurement of capital goods and spares of the capital goods, by the Units working under the schemes of 100% EOUs, Export Processing Zones, Electronic Hardware Technology Parks for Software Technology Parks. A doubt has arisen whether duty free procurement of airconditioners is admissible as capital goods under above such
I am directed to refer sub-section 3 of section 45 of the Customs Act, 1962 inserted by clause 58 of the Finance Act, 1995 for recovery of duty from the custodians on goods pilfered after unloading in customs area
