TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Rules for Duty Exemptions on Imports: Customs 2017 Rules Replace 2016, Effective July 1.</h1> The Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, effective from July 1, 2017, replace the 2016 rules. These rules apply to importers seeking duty exemptions under section 25 of the Customs Act, 1962, contingent on using imported goods for manufacturing or providing services. Importers must provide detailed information to customs authorities and maintain records of imported goods. They must also submit a continuity bond and quarterly returns. Unutilized or defective goods can be re-exported or cleared domestically within six months, subject to conditions. Non-compliance may lead to recovery proceedings for duty differences.
TaxTMI 
TaxTMI 
