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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Customs Act Exempts Wind Generators and Parts from Duties; Conditions Include Two-Year Non-Sale Undertaking</h1> The Central Government, under the Customs Act, 1962, has issued Notification No. 64/94-Cus dated March 1, 1994, exempting certain wind-operated electricity generators and parts from customs duties. The exemption applies to goods specified in the notification when imported into India, reducing the duty to 25% ad valorem for generators and wind battery chargers, and nil for parts used in maintenance and manufacturing. Importers must provide an undertaking to use the goods as specified and not sell them for at least two years. Failure to comply will result in paying the difference between the exempted and payable duty.
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