Customs duty exemption for test imports enables duty-free entry for testing subject to re-export obligations and bond Exemption is granted for goods imported for testing in Government-approved test centres from the whole of the customs duty and whole of the additional duty under section 3, subject to conditions: production of evidence of test centre approval to the Assistant Collector of Customs; declaration at import that goods are for test and re-export; re-export within one month or within a permitted extension not exceeding three months; and execution of a bond to pay duties for any quantity not proved to have been re-exported.
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 test imports enables duty-free entry for testing subject to re-export obligations and bond
Exemption is granted for goods imported for testing in Government-approved test centres from the whole of the customs duty and whole of the additional duty under section 3, subject to conditions: production of evidence of test centre approval to the Assistant Collector of Customs; declaration at import that goods are for test and re-export; re-export within one month or within a permitted extension not exceeding three months; and execution of a bond to pay duties for any quantity not proved to have been re-exported.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
