In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.82/2004-NT-Customs, dated the 25th June, 2004 [S.O.738(E), dated the 25th June, 2004], the Board hereby determines for the purposes of said section relating to export goods.
In exercise of the powers conferred by sub-clause ( i ) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.81/2004-NT-Customs, dated the 25th June, 2004 [S.O.737 (E) dated the 25th June, 2004].
The matter has been deliberated upon in this office and it has been decided to suitably amend the said clause allowing DFRC for inputs with prior import condition. In the meantime , it is clarified that no DFRC would be allowed for the inputs with prior import condition because it defeats the very purpose of prior import condition.
