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of <h1>India Exempts Certain Platinum, Palladium, Silver Catalysts from Auxiliary Customs Duty Over 45% Under Notification 297/92-Cus.</h1> The Central Government of India issued Notification No. 297/92-Cus. on November 18, 1992, exempting catalysts containing platinum, palladium, or silver from auxiliary customs duty exceeding 45% ad valorem. This exemption applies to catalysts produced from these metals, either exported as such or recovered from spent catalysts, when re-imported into India. The exemption covers production or processing costs, including labor, material costs (excluding the cost of the exported metal), and other associated charges, as well as insurance and freight charges. Conditions include import within two years of export, no duty drawback claimed, and proof of production from exported materials.
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