Customs exemption amendments expand duty-free entries, add LNG and banknote paper mill machinery concessions and new road-construction goods. Amends Notification No. 12/2012-Customs by inserting and substituting tariff entries to add duty-exempt classification for Human Embryo, concessional treatment for LNG imported for consumption by a specified SEZ plant and remnant LNG/NG cleared into the DTA subject to consumption certification, and concessional entries for goods imported by or on behalf of Bank Note Paper Mill India Private Limited; adds conditions requiring an undertaking for human embryo imports and quantitative billing plus SEZ certification for LNG exemptions; extends certain compliance periods and inserts List 16A enumerating eligible road-construction machinery.
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Customs exemption amendments expand duty-free entries, add LNG and banknote paper mill machinery concessions and new road-construction goods.
Amends Notification No. 12/2012-Customs by inserting and substituting tariff entries to add duty-exempt classification for Human Embryo, concessional treatment for LNG imported for consumption by a specified SEZ plant and remnant LNG/NG cleared into the DTA subject to consumption certification, and concessional entries for goods imported by or on behalf of Bank Note Paper Mill India Private Limited; adds conditions requiring an undertaking for human embryo imports and quantitative billing plus SEZ certification for LNG exemptions; extends certain compliance periods and inserts List 16A enumerating eligible road-construction machinery.
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