In the above mentioned revised Exim Policy, as has been notified on 31.3.2000, paragraph 10.2(g) has been amended to exclude the supply of goods to oil and gas sector from the ambit of ” deemed exports”. Various representations have been received from the exporters requesting to restore the benefit of discharge of export obligation through supplies made to oil and gas agencies.
In exercise of the powers conferred by clause (a) of section 7 of the Customs Act, 1962 (52 of] 1962), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance, Department
The principal notification No. 19/2000-Customs, dated the 1st March, 2000 was published in the Gazette of Inc Extraordinary, vide G.S.R.171(E), dated me 1st March, 2000] and was last amended by notification No. 36/2000-Cnstoi dated the 5th April, 2000.
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 16/2000-Customs, dated the 1st March, 2000 [G.S.R. 168(E), dated the 1st March, 2000] and was last amended vide notification No. 34/2000-Customs dated the 5th April, 2000.
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, 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.
