Customs duty rates amended to add specific tariff entries, exemptions and conditional import undertakings for renewable energy and medical inputs. The notification amends the tariff schedule and Annexure by rephrasing a proviso time-limit, inserting and substituting multiple tariff entries and duty rates (including new entries for permanent magnets for PM generators and LCD panels for TV manufacture), and by introducing condition 35A that conditions exemption on a ministry certificate and importer undertaking with repayment liability for non-use; it also expands lists of eligible pharmaceuticals and revises machinery and capital goods descriptions for manufacturing sectors.
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Customs duty rates amended to add specific tariff entries, exemptions and conditional import undertakings for renewable energy and medical inputs.
The notification amends the tariff schedule and Annexure by rephrasing a proviso time-limit, inserting and substituting multiple tariff entries and duty rates (including new entries for permanent magnets for PM generators and LCD panels for TV manufacture), and by introducing condition 35A that conditions exemption on a ministry certificate and importer undertaking with repayment liability for non-use; it also expands lists of eligible pharmaceuticals and revises machinery and capital goods descriptions for manufacturing sectors.
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