Customs and Excise exemption to goods for Samyukta programme of the Defence Ministry- Dead notification resurrected!
As per Notification No. 64/95-Central Excise, dated the 16th March, 1995, all goods supplied to the SAMYUKTA Programme under the Ministry of Defence are exempted from Central Excise duty. Similarly by Notification No. 39/96-Customs, dated the 23rd July, 1996, Machinery, equipment, instruments, components, spares, jigs and fixtures, dies, tools, accessories, computer software, raw materials and consumables required for the purpose of SAMYUKTA Programme of the Ministry of Defence, when imported are exempt from Customs duties. Both these exemptions expired on 1st December 2007.
Now the Government has extended the validity of these notifications to the 1st day of June 2008, but more than three months after their demise. Resurrection is a very common feature with our Board!
What happens for the period between 1st December 2007 and 17th march 2008?
Notification No. 36/2008- cus and 15/2008 – CX Dated : March 17, 2008