Notification NO. 52/2000, Dated 28th April 2000

Notification No. and date

"Provided that in case of —

(i) manufacturer exporter and merchant exporter having supporting manufacturer (s)/ vendor (s),

(ii) import of irrigation equipment  for use in contract farming for export of agriculture products, and 

( i i i) importer rendering services,

the capital goods may be install ed at the factory/ premises of such other person whose name and address are endorsed on the licence referred to in condition (1) and where the bond for full difference of duty, if  necessary, in terms of condition (2), with a Bank Guarantee is executed by the importer and such other person binding themselves jointly and generally to fulfill the export obligation and  all other conditions of this notification and to pay duty with interest in case of default

(b) a condition (6), and before the Table, the fol lowing paragraph shall be inserted namely:—

"2 Where the goods are found defective or unfit for use, the said goods may be re-exported, back to the foreign supplier within 3 years from the date of payment of duty on the importat ion thereof.