Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 - Whether finished goods allowed?

[Nagarajan PV]

Dear Sir,

Good Morning.

With reference to above, I wish to know whether the importer who is having manufacturing set up for Manufacture of Electronic goods like Mobile phones & Telecom Products is eligible to import accessories as finished product under these rules vide notification no. 050/2017 sno. 508.

They also import components / parts for assembly / manufacture of these items. However they are importing Adapter (finished and packed) along with these components / parts. Whether this is allowed to be cleared under the Duty exemption under said RULES.

Please clarify.

Regards,

Nagarajan PV

AI Summary

Can adapters be imported at a concessional duty rate under Customs Rules 2017? Exemption applies only to manufacturing inputs. A discussion on the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, focuses on whether finished goods like adapters can be imported under notification no. 050/2017, serial no. 508. An importer with a manufacturing setup for electronic goods queries if importing adapters as finished products is permissible. A respondent clarifies that the exemption applies only to goods used for manufacturing or providing services, not for finished goods like adapters, which cannot be imported under the mentioned serial number for mobile phones. The discussion emphasizes the importance of fulfilling conditions and the onus on the importer to comply with rules.