Customs duty equivalence allows payment on imported inputs when excise is not leviable, matching duty as if articles were imported. The amendment adds that when excise duty on specified articles is not leviable, the obligation may be met by paying customs duty on imported goods used to manufacture those articles in an amount equal to the customs duty leviable on the finished articles as if imported.
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 duty equivalence allows payment on imported inputs when excise is not leviable, matching duty as if articles were imported.
The amendment adds that when excise duty on specified articles is not leviable, the obligation may be met by paying customs duty on imported goods used to manufacture those articles in an amount equal to the customs duty leviable on the finished articles as if imported.
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