Materials exemption conditions: declaration to pay duty on non compliance and restricted use for specified oil and gas supplies. Amendments replace specific input lists with the term 'materials', require production of import/release documentation at customs clearance, impose a clearance-time declaration to pay duty on non-compliance, restrict exempt materials to use in manufacture of goods supplied to designated oil and gas entities and prohibit disposal or transfer except where licence obligations, sale proceeds and bond redemption are satisfied and input stage credit has not been claimed, and require licensing authority endorsements for transferability under stated conditions.
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.
Materials exemption conditions: declaration to pay duty on non compliance and restricted use for specified oil and gas supplies.
Amendments replace specific input lists with the term "materials", require production of import/release documentation at customs clearance, impose a clearance-time declaration to pay duty on non-compliance, restrict exempt materials to use in manufacture of goods supplied to designated oil and gas entities and prohibit disposal or transfer except where licence obligations, sale proceeds and bond redemption are satisfied and input stage credit has not been claimed, and require licensing authority endorsements for transferability under stated conditions.
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