Customs exemption for specified inputs allows reduced duty above a capped ad valorem rate, subject to certification and bond. The Notification exempts specified imported inputs used in the manufacture of listed electronic and related goods from customs duty to the extent the duty exceeds a capped ad valorem rate. Exemption requires prior certification by a prescribed technical officer (except for supplementary import licences) that the goods are required for the stated purpose, and execution of a bond to repay the duty differential if imports are not proved to have been used for that purpose. A Table specifies eligible inputs, tariff chapters and corresponding manufactured goods.
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 specified inputs allows reduced duty above a capped ad valorem rate, subject to certification and bond.
The Notification exempts specified imported inputs used in the manufacture of listed electronic and related goods from customs duty to the extent the duty exceeds a capped ad valorem rate. Exemption requires prior certification by a prescribed technical officer (except for supplementary import licences) that the goods are required for the stated purpose, and execution of a bond to repay the duty differential if imports are not proved to have been used for that purpose. A Table specifies eligible inputs, tariff chapters and corresponding manufactured goods.
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