In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table below, falling within the Chapter, heading, sub-heading or tariff item of the Second Schedule to the Customs Tariff Act, 1975 (51 of 1975), specified in the corresponding entry in column (2) of the said Table, when exported out of India, from so much of the duty of customs leviable thereon under the said Second Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table, subject to any of the condition(s), specified in the Annexure to this notification, the condition number(s) of which is mentioned in the corresponding entry in column (5) of the said Table, namely: -
Table
1.
1
2.
3.
4.
1006
4
Annexure
(ii) Such Letter(s) of Credit should have been authenticated by the Recipient Bank.
2. This notification shall come into force on the 1st day of November, 2022.
[F. No. CBIC-190354/242/2022-TO(TRU-I)]
(Amreeta Titus)
Deputy Secretary to the Government of India