Customs duty exemption for gelatine capsule machinery subject to export obligation, bond and monitoring compliance conditions. Exemption grants conditional relief for high-speed hard gelatine-capsule machinery (Chapter 84) from customs duty in excess of 35 per cent ad valorem and from the additional duty under section 3, provided the importer produces a certificate from an authorized officer confirming execution of a bond undertaking an export obligation to export gelatine capsules of three times the value of the imported machinery within five years and agreement to comply with monitoring and enforcement instructions issued by the Chief Controller of Imports and Exports.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for gelatine capsule machinery subject to export obligation, bond and monitoring compliance conditions.
Exemption grants conditional relief for high-speed hard gelatine-capsule machinery (Chapter 84) from customs duty in excess of 35 per cent ad valorem and from the additional duty under section 3, provided the importer produces a certificate from an authorized officer confirming execution of a bond undertaking an export obligation to export gelatine capsules of three times the value of the imported machinery within five years and agreement to comply with monitoring and enforcement instructions issued by the Chief Controller of Imports and Exports.
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