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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification
No. 89/2017-Customs
New Delhi, the 24
th
November, 2017

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the
Customs Act,1962 (52 of 1962) and sub-section (12) of section 3 of Customs Tariff Act, 1975 (51
of 1975), the Central Government being satisfied that it is necessary in the public interest so to
do, hereby makes the following further amendments in the notification of the Government of
India in the Ministry of Finance (Department of Revenue), No. 50/2017- Customs, dated the 30th
June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),
vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-

In the said notification, in the ANNEXURE, in Condition No.95, under the heading
“Condition”, for sub-clause (a), the following shall be substituted, namely:-
“(a) In case of imports for a project for which certificate regarding Mega Power Project
status issued by an officer not below the rank of Joint Secretary to the Government of India
in the Ministry of Power is provisional, the importer furnishes a security in the form of a
Fixed Deposit Receipt or Bank Guarantee from any Scheduled Bank for a term of one
hundred and twenty-six months in the name of the President of India for an amount equal to
the duty of customs payable on such imports but for this exemption, to the Deputy
Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, at the
time of importation and if the importer fails to furnish the final mega power status certificate
with in a period of one hundred and twenty months from the date of importation, the said
security shall be appropriated towards duty of customs payable on such imports but for this
exemption:
Provided that in case of provisional Mega Power Projects, the security in the form of a
Fixed Deposit Receipt or Bank Guarantee may be released proportionately as per the
proportionate mega certificate issued by the said Joint Secretary to the Government of India
in the Ministry of Power;”.
[F.No.354/94/2011-TRU(Pt-1)]


(Mohit Tewari)
Under Secretary to the Government of India
Note: The principal notification No.50/2017-Customs, dated the 30th June, 2017 was published
in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.
785(E), dated the 30th June, 2017 and last amended vide notification No. 87/2017-Customs,
dated the 17
th
November, 2017, published vide number G.S.R. 1430 (E), dated the 17
th

November, 2017.
notifications no 89 2017 cus | iKargos