Customs exemption for components of fuel-efficient motor cars conditioned on certification, approved programme, recordkeeping, and testing compliance. Exemption from specified customs duty is provided for imported goods (other than raw materials) used to manufacture listed components for fuel-efficient motor cars, subject to certification by industrial advisers, programme approval by the Ministry of Industry, importer undertakings on use and recordkeeping, production of fuel-efficiency certificates based on prescribed test protocols, and compliance with indigenisation requirements; failure to comply triggers payment of the duty differential.
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 components of fuel-efficient motor cars conditioned on certification, approved programme, recordkeeping, and testing compliance.
Exemption from specified customs duty is provided for imported goods (other than raw materials) used to manufacture listed components for fuel-efficient motor cars, subject to certification by industrial advisers, programme approval by the Ministry of Industry, importer undertakings on use and recordkeeping, production of fuel-efficiency certificates based on prescribed test protocols, and compliance with indigenisation requirements; failure to comply triggers payment of the duty differential.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
