Customs exemption for specified bulk drug inputs: imports allowed subject to use, recordkeeping, certified proof and repayment on breach. Specified goods within Chapters 28, 29, 30 or 39 imported for manufacture of listed bulk drugs are exempted from that portion of customs duty in the First Schedule which exceeds a specified ad valorem rate. The exemption requires an undertaking that imports will be used for manufacture, that accounts of goods received and consumed at the manufacturing premises will be maintained as prescribed, and that a certified extract evidencing receipt will be produced within three months or such extended period as allowed; non-compliance triggers payment of the duty difference. The annexed Table lists covered bulk drugs and corresponding inputs.
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 bulk drug inputs: imports allowed subject to use, recordkeeping, certified proof and repayment on breach.
Specified goods within Chapters 28, 29, 30 or 39 imported for manufacture of listed bulk drugs are exempted from that portion of customs duty in the First Schedule which exceeds a specified ad valorem rate. The exemption requires an undertaking that imports will be used for manufacture, that accounts of goods received and consumed at the manufacturing premises will be maintained as prescribed, and that a certified extract evidencing receipt will be produced within three months or such extended period as allowed; non-compliance triggers payment of the duty difference. The annexed Table lists covered bulk drugs and corresponding inputs.
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