Exemption restriction for duty waivers on transferred import authorisations: permitted transfers require payment of safeguard and anti dumping duties with interest. Two new provisions condition duty-free treatment on transferability and permission timing: paragraph 2A excludes the exemption from safeguard duty and anti-dumping duty where materials are imported against an authorisation made transferable by the Regional Authority on or after 18th April 2013. Paragraph 2AC provides that where imported materials are transferred with Regional Authority permission granted on or after 18th April 2013, the importer must pay the safeguard and anti-dumping duties that would otherwise have applied, together with interest at fifteen per cent per annum from the date of clearance.
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.
Exemption restriction for duty waivers on transferred import authorisations: permitted transfers require payment of safeguard and anti dumping duties with interest.
Two new provisions condition duty-free treatment on transferability and permission timing: paragraph 2A excludes the exemption from safeguard duty and anti-dumping duty where materials are imported against an authorisation made transferable by the Regional Authority on or after 18th April 2013. Paragraph 2AC provides that where imported materials are transferred with Regional Authority permission granted on or after 18th April 2013, the importer must pay the safeguard and anti-dumping duties that would otherwise have applied, together with interest at fifteen per cent per annum from the date of clearance.
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