Customs exemption for trawler components conditioned on empowered committee certificate, usage undertakings and duty recovery on noncompliance. Customs exemption for components and equipment imported for manufacture of trawlers is conditional on a certificate from the Empowered Committee confirming quantity, value and necessity, and on an importer's undertaking to use the goods for trawler manufacture, maintain and produce certified accounts of receipt and consumption, and to pay on demand the duty difference if conditions are breached; the exemption applies only to listed goods, excludes beneficiaries of a prior notification, and is time limited.
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 trawler components conditioned on empowered committee certificate, usage undertakings and duty recovery on noncompliance.
Customs exemption for components and equipment imported for manufacture of trawlers is conditional on a certificate from the Empowered Committee confirming quantity, value and necessity, and on an importer's undertaking to use the goods for trawler manufacture, maintain and produce certified accounts of receipt and consumption, and to pay on demand the duty difference if conditions are breached; the exemption applies only to listed goods, excludes beneficiaries of a prior notification, and is time limited.
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