Duty free import of lining and interlining materials under Sr.Nos.167 and 168 read with condition No.21 of notification No.21/2002-Cus. dated 1.3.2002 for garment industry – regarding
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Duty-free import entitlement for lining and interlining materials clarified, restoring original export-linked allowance within the overall ceiling. Duty free import of lining and interlining materials for garment exporters is permitted up to 2% of the FOB value of exports of garments made during the preceding financial year, within the overall ceiling of 3%. An earlier drafting error in condition No.21(b) that had been misread to compound the limitation has been corrected by amendment; Customs Houses that already allowed imports on the clarified basis need not initiate recovery. Public Notices and Standing Orders should be issued for guidance and implementation issues reported to the Board.
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Duty-free import entitlement for lining and interlining materials clarified, restoring original export-linked allowance within the overall ceiling.
Duty free import of lining and interlining materials for garment exporters is permitted up to 2% of the FOB value of exports of garments made during the preceding financial year, within the overall ceiling of 3%. An earlier drafting error in condition No.21(b) that had been misread to compound the limitation has been corrected by amendment; Customs Houses that already allowed imports on the clarified basis need not initiate recovery. Public Notices and Standing Orders should be issued for guidance and implementation issues reported to the Board.
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