Definition of manufacture clarifies processing that transforms inputs into a new product, affecting eligibility for concessional import duty. Rule 3 defines key terms for concessional import duty rules: capital goods as items capitalised in the importer's books; exemption notification as the notification under the Act; and 'information' as the manufacturer's data to claim exemption. It designates the common portal and customs automated system as electronic interfaces and sets 'date of import' as the clearance order date. It further defines job work (treatment on importer's goods excluding certain precious articles), 'Jurisdictional Custom Officer', manufacture (processing producing a new distinct product), and output service (service supply using imported goods).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Definition of manufacture clarifies processing that transforms inputs into a new product, affecting eligibility for concessional import duty.
Rule 3 defines key terms for concessional import duty rules: capital goods as items capitalised in the importer's books; exemption notification as the notification under the Act; and "information" as the manufacturer's data to claim exemption. It designates the common portal and customs automated system as electronic interfaces and sets "date of import" as the clearance order date. It further defines job work (treatment on importer's goods excluding certain precious articles), "Jurisdictional Custom Officer", manufacture (processing producing a new distinct product), and output service (service supply using imported goods).
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
