Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India Amends Customs Notification: UN Imports Can Now Transfer, Re-export, or Pay Duty on Depreciated Goods Value</h1> The Government of India has amended Notification No. 84/97-Customs to provide exemptions for imports by the United Nations or international organizations for projects in India. The amendments allow importers to transfer goods to new projects, re-export goods, or pay customs duty on the depreciated value if the goods are no longer needed for the original project. Transfer or re-export requires certification from relevant authorities, and the depreciated value is calculated using a specified rate, with a maximum depreciation of 70%. These changes aim to facilitate the efficient use of imported goods for international projects.