Dear Sir,
there is a notification 32/2016(NT) dated.01/03/2016 for the imported goods at concessional rate of duty. what is the corresponding customs notification to claim the Customs duty exemption for BCD. The reason behind this is one of the e-bike Importer wants to set up the manufacturing unit and wanted import the parts and accessories. When those are imported under SKD/CKD, can we get the BCD duty exempiton. If yes, what is the notification to claim the duty exemption benefit for payment of the BCD.
Please Advise.
Guidance Sought on Customs Notification for Basic Duty Exemption on SKD/CKD E-Bike Parts Under 32/2016(NT) An individual in a customs discussion forum inquired about a specific customs notification, 32/2016(NT) dated 01/03/2016, which allows for imported goods at a concessional duty rate. The individual seeks guidance on the corresponding customs notification required to claim an exemption from the Basic Customs Duty (BCD) for an e-bike importer planning to establish a manufacturing unit. They are particularly interested in understanding if parts and accessories imported in Semi-Knocked Down (SKD) or Completely Knocked Down (CKD) conditions are eligible for BCD duty exemption and request advice on the applicable notification for claiming this benefit. (AI Summary)