Exemption for used machinery imports permits limited customs duty relief for project exporters subject to certification conditions. Exemption grants limited customs relief for imported used machinery classified under the customs tariff chapters covering industrial engines and apparatus when imported by qualifying project exporters: duty is waived to the extent it exceeds 25% ad valorem and the additional duty under the tariff statute is fully exempt. Relief is conditional on producing a senior ministry certificate confirming project clearance by the Export Import Bank working group and a chartered engineer's certificate that the machinery was used in the project for at least five years.
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.
Exemption for used machinery imports permits limited customs duty relief for project exporters subject to certification conditions.
Exemption grants limited customs relief for imported used machinery classified under the customs tariff chapters covering industrial engines and apparatus when imported by qualifying project exporters: duty is waived to the extent it exceeds 25% ad valorem and the additional duty under the tariff statute is fully exempt. Relief is conditional on producing a senior ministry certificate confirming project clearance by the Export Import Bank working group and a chartered engineer's certificate that the machinery was used in the project for at least five years.
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