16th
May 2005
Notification
No. 45/2005 - Customs
In
exercise of the powers conferred by sub-section (1)
of section 25 of the Customs Act, 1962 (52 of 1962),
the Central Government, being satisfied that it is
necessary in the public interest so to do, hereby
exempts all goods produced or manufactured in a special
economic zone and brought to any other place in India
in accordance with the provisions of the Foreign Trade
Policy 2004-2009, from the whole of the additional
duty of customs leviable thereon under sub-section
(5) of section 3 of the Customs Tariff Act, 1975 (51
of 1975):
Provided
that no such exemption shall be applicable if such
goods, when sold in domestic tariff area, are exempted
by the State Government from payment of sales tax
or value added tax.
Explanation.-
For the purposes of this notification, “special economic
zone” means the special economic zones notified by
the Government of India, under section 76A of the
Customs Act, 1962 (52 of 1962).
F.No.
354 /40 / 2005-TRU
V.
Sivasubramanian
(Deputy Secretary to the Government of India)
