Specified goods imported for manufacture and development of electronics hardware, or electronics hardware and software in an integrated manner by the ElectronicsHardwareTechnologyPark units - 96/93 - Customs -Tariff
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Customs exemption for electronics park imports allows duty-free use for manufacture in return for binding export obligations. Exempts specified imports for manufacture and integrated development of electronics hardware and software by Electronics Hardware Technology Park units from customs and additional duties, contingent on Committee approval, use within the unit under customs bond, export obligations in freely convertible currency, and a certificate from a designated officer. Customs authorities may prescribe procedure, permit temporary removals, inter-unit transfers and re-exports with permissions, and require bonds; duties become payable on depreciated capital goods and unused inputs at expiry, and on scrap or excess waste per Committee limits.
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 electronics park imports allows duty-free use for manufacture in return for binding export obligations.
Exempts specified imports for manufacture and integrated development of electronics hardware and software by Electronics Hardware Technology Park units from customs and additional duties, contingent on Committee approval, use within the unit under customs bond, export obligations in freely convertible currency, and a certificate from a designated officer. Customs authorities may prescribe procedure, permit temporary removals, inter-unit transfers and re-exports with permissions, and require bonds; duties become payable on depreciated capital goods and unused inputs at expiry, and on scrap or excess waste per Committee limits.
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