Customs exemption for re-imported Indian-origin goods allows duty-free processing subject to identity, bond and re-export conditions. Notification 158/95-Customs provides a duty exemption for Indian-origin goods re-imported for repair, reconditioning, reprocessing, refining, remaking or similar processes, subject to time limits for re-importation and re-export, identity verification by Customs, and execution of bonds (with specified bank guarantee support) securing export and payment of any duty differential on non-compliance; processing must occur under Central Excise control or customs bond, waste/scrap must be destroyed or duty-paid, and loss in quantity during specified processes is exempt from customs duty.
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 re-imported Indian-origin goods allows duty-free processing subject to identity, bond and re-export conditions.
Notification 158/95-Customs provides a duty exemption for Indian-origin goods re-imported for repair, reconditioning, reprocessing, refining, remaking or similar processes, subject to time limits for re-importation and re-export, identity verification by Customs, and execution of bonds (with specified bank guarantee support) securing export and payment of any duty differential on non-compliance; processing must occur under Central Excise control or customs bond, waste/scrap must be destroyed or duty-paid, and loss in quantity during specified processes is exempt from customs duty.
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