Customs exemption for synthetic tracks and installation equipment subject to certificate and six-month re-export undertaking. The Central Government exempts synthetic tracks and artificial surfaces and equipment for their installation from customs duty and additional customs duty when imported under the Scheme for Laying Synthetic Tracks and Artificial Surfaces, subject to production of a Deputy Secretary level certificate from the Department of Youth Affairs and Sports recommending the exemption and an undertaking that the equipment will be re exported within six months or the importer will pay, on demand, duties equal to those leviable but for the exemption.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs exemption for synthetic tracks and installation equipment subject to certificate and six-month re-export undertaking.
The Central Government exempts synthetic tracks and artificial surfaces and equipment for their installation from customs duty and additional customs duty when imported under the Scheme for Laying Synthetic Tracks and Artificial Surfaces, subject to production of a Deputy Secretary level certificate from the Department of Youth Affairs and Sports recommending the exemption and an undertaking that the equipment will be re exported within six months or the importer will pay, on demand, duties equal to those leviable but for the exemption.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
