Customs exemption for components of fuel efficient small-capacity cars subject to certification, testing, indigenisation and compliance conditions. The notification provides a Customs exemption for imported CKD/SKD components used to manufacture fuel efficient motor cars not exceeding 1000 cc by capping customs duty and exempting additional duty, subject to conditions: certification of component lists by an Industrial Adviser; import under a Ministry approved programme with evidence to the Assistant Collector; an importer's undertaking to restrict use, maintain and produce certified accounts and to pay duty differences on non compliance; certification and reporting of indigenisation levels; and prescribed fuel efficiency testing and a one year validity for fuel efficiency certificates.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption for components of fuel efficient small-capacity cars subject to certification, testing, indigenisation and compliance conditions.
The notification provides a Customs exemption for imported CKD/SKD components used to manufacture fuel efficient motor cars not exceeding 1000 cc by capping customs duty and exempting additional duty, subject to conditions: certification of component lists by an Industrial Adviser; import under a Ministry approved programme with evidence to the Assistant Collector; an importer's undertaking to restrict use, maintain and produce certified accounts and to pay duty differences on non compliance; certification and reporting of indigenisation levels; and prescribed fuel efficiency testing and a one year validity for fuel efficiency certificates.
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