Customs exemption for modern automatic circular looms for jute reduces tariff burden subject to importer certification by the Jute Commissioner. The notification provides a customs tariff relief for modern automatic high speed circular looms for jute by capping the ad valorem duty payable and exempting the imports from the additional duty under the Customs Tariff. The exemption is conditional on the importer producing a certificate from the Jute Commissioner confirming registration as an actual user engaged in jute manufacture at the time of clearance.
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Customs exemption for modern automatic circular looms for jute reduces tariff burden subject to importer certification by the Jute Commissioner.
The notification provides a customs tariff relief for modern automatic high speed circular looms for jute by capping the ad valorem duty payable and exempting the imports from the additional duty under the Customs Tariff. The exemption is conditional on the importer producing a certificate from the Jute Commissioner confirming registration as an actual user engaged in jute manufacture at the time of clearance.
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