Effective rate cap on customs duty for specified imports limits liability to an ad valorem rate, subject to compliance conditions. Exemption limits customs duty on specified imports for manufacture or servicing of fuel injection equipment to an effective rate of 15% ad valorem, conditional on an importer's undertaking at importation and, where required, subsequent production of certificates from the Assistant Collector of Central Excise confirming use or installation for the stated manufacturing or service purposes; certain machinery is additionally subject to a non-sale or non-disposal restriction for a two-year period.
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 rate cap on customs duty for specified imports limits liability to an ad valorem rate, subject to compliance conditions.
Exemption limits customs duty on specified imports for manufacture or servicing of fuel injection equipment to an effective rate of 15% ad valorem, conditional on an importer's undertaking at importation and, where required, subsequent production of certificates from the Assistant Collector of Central Excise confirming use or installation for the stated manufacturing or service purposes; certain machinery is additionally subject to a non-sale or non-disposal restriction for a two-year period.
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