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>Customs Exemption for Iron & Steel Inputs Amended: Duty Changes and New Conditions for Manufacturing Obligations</h1> The Central Government has amended Notification No. 10/95-Cus relating to customs exemptions for inputs used in manufacturing iron and steel intermediates. The amendment removes the exemption from additional duty under section 3 of the Customs Tariff Act. It revises conditions to ensure that imported inputs are used exclusively for manufacturing obligations and prohibits their disposal before fulfilling these obligations. Additionally, it specifies that transferability endorsements for licenses are only permitted after fulfilling supply obligations. The definition of 'inputs' is updated to include raw materials, components, and spares, with restrictions on duty exemptions if availed under other schemes.
TaxTMI 
TaxTMI 
