Customs exemption for electronic inputs clarified: licence issue date irrelevant; apply licence description and single serial number at import. Exemption under Notification No. 203/92-Cus for inputs for manufacture of electronic goods depends on the description of goods in the licence and DEEC book and on whether, at importation, the goods are covered by a single serial number for the concession; the licence issue date is not material. Broad bonding for the electronic sector is permitted and pending consignments may be cleared accordingly.
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.
Customs exemption for electronic inputs clarified: licence issue date irrelevant; apply licence description and single serial number at import.
Exemption under Notification No. 203/92-Cus for inputs for manufacture of electronic goods depends on the description of goods in the licence and DEEC book and on whether, at importation, the goods are covered by a single serial number for the concession; the licence issue date is not material. Broad bonding for the electronic sector is permitted and pending consignments may be cleared accordingly.
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