Effective customs duty rates set for specified watch goods, with conditional exemptions subject to use, bond and certification. The Central Government sets effective customs duty rates for specified goods of Chapters 91 and 98 by exempting duty in excess of the stated ad valorem rates in the Table. The exemption applies on importation to categories including Braille watches, watch components and electronic module parts, subject to conditions: import for manufacture, execution of a bond to secure duty on parts not shown to be used for manufacture, and, where specified, production of a certificate from the Assistant Collector of Central Excise confirming use.
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.
Effective customs duty rates set for specified watch goods, with conditional exemptions subject to use, bond and certification.
The Central Government sets effective customs duty rates for specified goods of Chapters 91 and 98 by exempting duty in excess of the stated ad valorem rates in the Table. The exemption applies on importation to categories including Braille watches, watch components and electronic module parts, subject to conditions: import for manufacture, execution of a bond to secure duty on parts not shown to be used for manufacture, and, where specified, production of a certificate from the Assistant Collector of Central Excise confirming use.
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