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 goods when imported into India against a Post Export EPCG duty
credit scrip issued by the Regional Authority in accordance with
paragraph 5.11 under Chapter 5 {Export Promotion Capital Goods (EPCG)
Scheme} of the Foreign Trade Policy which provides for duty remission in
proportion to export obligation fulfilled.
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