You may bring this to the notice of your members, however, warehousing of transactions may be permitted only after the exchange has modified its trading software to comply with the above conditions.
All pending Customs cases as on 1.8.1997 involving duty amounts of Rs. 10 lakh and more shall be adjudicated by December, 1997. It is estimated that the total Customs duty involved in these cases is approximately Rs. 500 crones. The objective should be to ensure immediate recovery on completion of adjudication. Wherever appeals are being filed by the importers or their agents, the efforts.
