Customs exemption amendments revise tariff coverage, concessional duty rates, and import conditions for precious-metal related goods. Customs exemption notifications are amended to revise tariff coverage, duty rates, and procedural conditions for specified goods. The amendment to Notification No. 11/2018-Customs expands the relevant tariff coverage from heading 7108 to headings 7107, 7108, 7109, 7111 and 7112, omits one entry, and substitutes a fresh entry for all goods under heading 7118. The amendment to Notification No. 11/2021-Customs revises concessional duty rates for specified precious-metal related goods and introduces conditions for import of spent catalyst or ash containing precious metals, including compliance with concessional rate rules, an undertaking, and a certificate from the Ministry of Environment, Forest and Climate Change.
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Customs exemption amendments revise tariff coverage, concessional duty rates, and import conditions for precious-metal related goods.
Customs exemption notifications are amended to revise tariff coverage, duty rates, and procedural conditions for specified goods. The amendment to Notification No. 11/2018-Customs expands the relevant tariff coverage from heading 7108 to headings 7107, 7108, 7109, 7111 and 7112, omits one entry, and substitutes a fresh entry for all goods under heading 7118. The amendment to Notification No. 11/2021-Customs revises concessional duty rates for specified precious-metal related goods and introduces conditions for import of spent catalyst or ash containing precious metals, including compliance with concessional rate rules, an undertaking, and a certificate from the Ministry of Environment, Forest and Climate Change.
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