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Customs duty cap of 15% for specified electronic-industry inputs, subject to use and certificate-based compliance. The notification limits customs duty on specified electronic-industry inputs to an effective rate of 15% ad valorem when imported for manufacture of listed finished goods, distinguishing List A and List B items. For List B imports the importer must give an undertaking of intended use, produce within three months (or extended period) a certificate from the Assistant Collector of Central Excise confirming use, and pay the duty shortfall if these conditions are not satisfied; one listed List B entry is additionally exempt from the whole of the additional duty under the Customs Tariff Act.
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Provisions expressly mentioned in the judgment/order text.
Customs duty cap of 15% for specified electronic-industry inputs, subject to use and certificate-based compliance.
The notification limits customs duty on specified electronic-industry inputs to an effective rate of 15% ad valorem when imported for manufacture of listed finished goods, distinguishing List A and List B items. For List B imports the importer must give an undertaking of intended use, produce within three months (or extended period) a certificate from the Assistant Collector of Central Excise confirming use, and pay the duty shortfall if these conditions are not satisfied; one listed List B entry is additionally exempt from the whole of the additional duty under the Customs Tariff Act.
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