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<h1>India's Project Import Scheme Eases Customs Duty for Industrial Projects Under Heading 98.01, Excludes Hotels and Hospitals.</h1> The Project Import Scheme in India simplifies the customs duty assessment for importing goods related to industrial projects by applying a flat rate under heading 98.01 of the Customs Tariff. This scheme covers various projects like irrigation, power, and mining, excluding sectors such as hotels and hospitals. It allows the import of machinery, equipment, and materials necessary for setting up or expanding a project. Importers must register contracts with the Customs House and provide specific documentation. The scheme also includes provisions for baggage and postal goods, classifying them under specific headings for streamlined duty assessment.