Prescribes the rate of auxiliary duty on component parts of machinery imported for initial setting up of specified machinery. - 148/90 - Customs -Tariff
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Auxiliary duty exemption on machinery parts for initial setup allows duty limited to the rate applicable to the complete article, subject to conditions. Exempts from excess auxiliary customs duty component parts of machinery imported for initial setting up, assembly, or manufacture of specified articles, limiting the exemption to the excess over the duty leviable on the complete article; requires proof to the Assistant Collector of Customs that parts are so required and makes the exemption subject to the conditions of Notification No. 155/86-Customs.
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.
Auxiliary duty exemption on machinery parts for initial setup allows duty limited to the rate applicable to the complete article, subject to conditions.
Exempts from excess auxiliary customs duty component parts of machinery imported for initial setting up, assembly, or manufacture of specified articles, limiting the exemption to the excess over the duty leviable on the complete article; requires proof to the Assistant Collector of Customs that parts are so required and makes the exemption subject to the conditions of Notification No. 155/86-Customs.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.