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of <h1>India Exempts Customs Duties on Re-Imported Aircraft Engines and Parts per Notification No. 38/2017 Effective July 1, 2017.</h1> The Government of India, under Notification No. 38/2017 dated June 30, 2017, exempts certain customs duties on re-imported aircraft engines and parts. This exemption applies to items exported and then re-imported, including those that failed abroad, were sent as stand-bys but not installed, or were lent to foreign companies. The exemption covers duties exceeding the cost of repair, including material, labor, insurance, and freight. This notification supersedes a previous one from 1961 and is effective from July 1, 2017, subject to conditions and procedures set by the government.
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