Amendments in notification no. 84/97 Cus dated 11.11.1997 - Exemption to Imports by U.N. or International Organisation for execution of projects in India - 22/2014 - Customs -Tariff
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Customs exemption amendment allows transfer to approved projects, re-export without incentives, or duty on depreciated value. The amendment permits importers of goods brought in prior to 1 March 2008 under the international-organization project exemption to either transfer goods to a new approved project upon producing a government officer's certificate and an international organization declaration, re-export the goods with identity established and no export incentive claimed, or pay customs duty on the depreciated value of the goods upon production of a government officer's certificate, with depreciation computed by a straight-line quarterly schedule subject to a maximum cap.
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.
Customs exemption amendment allows transfer to approved projects, re-export without incentives, or duty on depreciated value.
The amendment permits importers of goods brought in prior to 1 March 2008 under the international-organization project exemption to either transfer goods to a new approved project upon producing a government officer's certificate and an international organization declaration, re-export the goods with identity established and no export incentive claimed, or pay customs duty on the depreciated value of the goods upon production of a government officer's certificate, with depreciation computed by a straight-line quarterly schedule subject to a maximum cap.
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