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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Customs Duty Exemption for Imported Electronics in Manufacturing Specified Products Rescinded Two Years Later.</h1> The Central Government issued Notification No. 63/95-Cus on March 16, 1995, under the Customs Act, 1962, granting exemptions on certain imported electronic goods used in manufacturing specified finished products. The exemptions apply to goods listed in a table, reducing customs duty to specified rates, contingent on conditions such as usage for intended purposes and certification from the Assistant Collector of Central Excise. Failure to meet these conditions requires the importer to pay the duty difference. The notification was later rescinded by Notification No. 21/97-Cus on March 1, 1997.
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