Seeks to amend notification No. 158/95-Customs dated 14th November, 1995 to allow re-import of certain indigenously manufactured electronic goods, for repair and reconditioning within seven years from the date of exportation, without payment of

[Refer Notification No.158/95-Cus, dated 14-11-1995] (iii) Re-imported private personal property, which was imported earlier but exported out Customs duties leviable at the time of importation, if the goods are re-exported by the importer, subject to certain conditions. The re-export is to Notification No. 157/90-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 the goods described in Schedule I annexed hereto, when Cus Circular No.14/1997 date 3/6/97 Subject: Clarification of the Customs notification No. 158/95-Cus dated 14.11.95 for exemption to reimport of Indian goods and parts thereof for repairs, reconditioning, reprocessing, remaking or similar other process. Notification No. 98/95-Cus. dated 26.5.1995 is a specific notification for exempting goods manufactured in India and parts of such goods when re- imported into India for repairs from the duty of customs. Customs Amendments in the notification No 158 95 Customs dated the 14th November 1995 Exemption to Goods when re imported into India for repairs or for re conditioning regarding Notification You are welcome. Necessary bond has to be executed - Notification No. 158/ 95-Cus dated 14.11. 95 and CBE&C circular No. 127/95-Cus dated 14-12-1995. It has been clarified that the period of 6 months should be calculated from date of actual clearance of goods from the port - CBE&C circular No 14 /97-Cus dated 3.6.1997. To give effect to the Policy provision at (a) above, S.No.167 of notification No. 21/2002-Cus has been amended suitably vide notification No. 89/2004-Cus, dated 10.