Customs duty exemption for imported components, subject to certification and a use undertaking with recovery on misuse. Exemption applies to imported components required for the manufacture of goods covered by Notification No. 96/91-Cus, relieving those components from customs duty in excess of an amount calculated at a specified ad valorem rate, provided (1) an officer not below the rank of Additional Industrial Adviser certifies that the components are required for that manufacture, and (2) the importer furnishes an undertaking to the Assistant Collector of Customs to use the components for the specified purpose and to pay, on demand, the difference between duty otherwise leviable and the amount paid if the components are not so used.
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 exemption for imported components, subject to certification and a use undertaking with recovery on misuse.
Exemption applies to imported components required for the manufacture of goods covered by Notification No. 96/91-Cus, relieving those components from customs duty in excess of an amount calculated at a specified ad valorem rate, provided (1) an officer not below the rank of Additional Industrial Adviser certifies that the components are required for that manufacture, and (2) the importer furnishes an undertaking to the Assistant Collector of Customs to use the components for the specified purpose and to pay, on demand, the difference between duty otherwise leviable and the amount paid if the components are not so used.
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