Customs exemption for components of fuel efficient light commercial vehicles, conditional on certification, approved programme and compliance. Exemption limits ad valorem customs duty on components for manufacture of fuel efficient light commercial motor vehicles with IDI engines to 10% and removes additional duty under section 3, subject to certification by Industrial Advisers, import under a Ministry of Industry-approved programme, an importer's undertaking to use components for specified manufacture and to maintain and produce certified accounts, and payment of duty differences on non compliance; absence of a fuel efficiency certificate at importation must be cured within a prescribed period or duty difference paid.
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Customs exemption for components of fuel efficient light commercial vehicles, conditional on certification, approved programme and compliance.
Exemption limits ad valorem customs duty on components for manufacture of fuel efficient light commercial motor vehicles with IDI engines to 10% and removes additional duty under section 3, subject to certification by Industrial Advisers, import under a Ministry of Industry-approved programme, an importer's undertaking to use components for specified manufacture and to maintain and produce certified accounts, and payment of duty differences on non compliance; absence of a fuel efficiency certificate at importation must be cured within a prescribed period or duty difference paid.
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