Amendment in SCHEDULE III

In SCHEDULE III of the principal Act,—

1. (i) after paragraph 6, the following paragraphs shall be inserted, namely:— "7. Supply of goods from a place outside India to another place outside India without such goods entering into India. 8.

1. (a) Supply of warehoused goods to any person before clearance for home consumption;
2. (b) Supply of goods by the consignee to any other person, by endorsement of documents of title to the goods, after the goods have been dispatched from the port of origin located outside India but before clearance for home consumption.";
   • (ii) the Explanation shall be numbered as Explanation 1 and after Explanation 1 as so numbered, the following Explanation shall be inserted, namely:— "Explanation 2:—For the purposes of paragraph 8, the expression "warehoused goods" shall have the same meaning as assigned to it in the Customs Act, 1962 (Central Act 52 of 1962).".