Deletion of Rule 56B requires semi finished goods to be cleared on payment of duty or under alternative procedural provisions. Deletion of Rule 56B removes the special permission regime for semi finished goods, requiring such goods to be cleared on payment of duty or under an alternative procedural provision; commodities covered by MODVAT must be cleared accordingly, while non MODVAT commodities are to follow their designated alternative removal or duty payment routes. A transitional period is provided for publicity and review of existing permissions to align them with current law.
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.
Deletion of Rule 56B requires semi finished goods to be cleared on payment of duty or under alternative procedural provisions.
Deletion of Rule 56B removes the special permission regime for semi finished goods, requiring such goods to be cleared on payment of duty or under an alternative procedural provision; commodities covered by MODVAT must be cleared accordingly, while non MODVAT commodities are to follow their designated alternative removal or duty payment routes. A transitional period is provided for publicity and review of existing permissions to align them with current law.
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