Customs duty exemption for bulk drugs used in manufacture of life saving medicines, subject to importer undertakings and record requirements. Full exemption from customs duty is granted for bulk drugs within Chapters 28-30 when imported for manufacture of life saving medicines specified in the referenced Schedule, subject to the importer furnishing an undertaking, maintaining prescribed accounts evidencing receipt and consumption at the place of manufacture, producing a certified extract of those accounts within three months or an allowed extension, and paying, on demand, the duty difference if obligations are not complied with; 'bulk drug' is as defined in the Drugs (Price Control) Order, 1987.
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 duty exemption for bulk drugs used in manufacture of life saving medicines, subject to importer undertakings and record requirements.
Full exemption from customs duty is granted for bulk drugs within Chapters 28-30 when imported for manufacture of life saving medicines specified in the referenced Schedule, subject to the importer furnishing an undertaking, maintaining prescribed accounts evidencing receipt and consumption at the place of manufacture, producing a certified extract of those accounts within three months or an allowed extension, and paying, on demand, the duty difference if obligations are not complied with; "bulk drug" is as defined in the Drugs (Price Control) Order, 1987.
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