Duty exemption for specified raw materials permits reduced customs duty on imports used in manufacturing telecommunication-grade optical fibres and cables. Prescribes a conditional customs duty exemption reducing basic customs duty on specified raw materials imported for manufacture of telecommunication grade optical fibres and cables to an amount not exceeding the duty calculated at the rate of 50% ad valorem, subject to certification by a senior technical officer, evidence of import under an approved programme, and an importer's undertaking to use the goods for the stated purpose, maintain and produce certified accounts and repay differential duty on non compliance.
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Provisions expressly mentioned in the judgment/order text.
Duty exemption for specified raw materials permits reduced customs duty on imports used in manufacturing telecommunication-grade optical fibres and cables.
Prescribes a conditional customs duty exemption reducing basic customs duty on specified raw materials imported for manufacture of telecommunication grade optical fibres and cables to an amount not exceeding the duty calculated at the rate of 50% ad valorem, subject to certification by a senior technical officer, evidence of import under an approved programme, and an importer's undertaking to use the goods for the stated purpose, maintain and produce certified accounts and repay differential duty on non compliance.
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