TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Government Grants Customs Duty Exemption for Fuel-Efficient Light Commercial Vehicle Components Under Specific Conditions</h1> The Central Government issued a customs exemption notification for components used in manufacturing fuel-efficient light commercial motor vehicles with a payload not exceeding 4,000 kilograms. The exemption applies to customs duties exceeding 20% ad valorem and the entire additional duty, provided conditions are met. These include certification by an Industrial Adviser, evidence of an approved import program, and an undertaking by the importer to use components as specified. Vehicles must meet specific fuel efficiency standards, certified by the Ministry of Industry, following tests by designated research establishments. Compliance with these conditions is mandatory to maintain the exemption.
TaxTMI 
TaxTMI 
