IMPORT OF GOODS ON CONCESSIONAL RATE OF DUTY

[Samir Banerjee]

A central excise registrant established a new unit to manufacture Battery Charger for Mobiles falling under CETSH 8504 4030. The unit wants to import raw material to manufacture above finished goods by following the procedure of Import of Goods under Concessional Rate of Duty, Rules 1996. My Queries are

(1) Which exemption should they be availed i.e. Notification No. 25/2005-Custom Dated 01/03/2005 ( Serial No. 4) or Notification No. 12/2012-Custom Dated 17/03/2012 (Serial No. 431).

(2) What is the basic difference between these two notifications

(3) What are all custom duties would be exempted under Notfn 25/2005-Cus & 12/2012-Cus

An early clarification would be highly appreciated

AI Summary

Mobile Charger Manufacturer Seeks Guidance on Import Duty Exemptions: Notification No. 25/2005-Custom vs. No. 12/2012-Custom A central excise registrant has established a new unit to manufacture mobile battery chargers and seeks to import raw materials using the Import of Goods under Concessional Rate of Duty, Rules 1996. The queries raised include which exemption to avail between Notification No. 25/2005-Custom and Notification No. 12/2012-Custom, the basic differences between the two notifications, and the specific customs duties that would be exempted under each notification. An early response to these queries is requested for clarity.