Customs exemption for specified pharmaceutical inputs allows reduced ad valorem duty and waives additional duty when used in drug manufacture. Central Government exempts specified goods in Chapter 29 or Chapter 30 from customs duty exceeding 25 percent ad valorem and from the additional duty under section 3 where imported for manufacture of drugs and hormones, subject to an importer undertaking to use the goods for that purpose, maintain and produce certified records of receipt and consumption within three months (or extended period) as required by the Assistant Collector of Customs, and to pay on demand the duty difference if the conditions are not met.
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 exemption for specified pharmaceutical inputs allows reduced ad valorem duty and waives additional duty when used in drug manufacture.
Central Government exempts specified goods in Chapter 29 or Chapter 30 from customs duty exceeding 25 percent ad valorem and from the additional duty under section 3 where imported for manufacture of drugs and hormones, subject to an importer undertaking to use the goods for that purpose, maintain and produce certified records of receipt and consumption within three months (or extended period) as required by the Assistant Collector of Customs, and to pay on demand the duty difference if the conditions are not met.
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