Customs exemption amendment expands covered horological raw materials and prescribes dimensional eligibility for concessional treatment. Amendment under the Customs Act substitutes and inserts schedule entries to specify horological raw materials eligible for exemption, identifying material types (various brasses, bronzes, nickel silver, stainless steels, super alloys, beryllium copper, titanium copper, aluminium alloy, polyamide, polished steel, silver solder wire and specified pipes) and prescribing precise dimensional limits (thickness, width, diameter, length, inner/outer diameters) that determine entitlement to the notification's benefit.
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Customs exemption amendment expands covered horological raw materials and prescribes dimensional eligibility for concessional treatment.
Amendment under the Customs Act substitutes and inserts schedule entries to specify horological raw materials eligible for exemption, identifying material types (various brasses, bronzes, nickel silver, stainless steels, super alloys, beryllium copper, titanium copper, aluminium alloy, polyamide, polished steel, silver solder wire and specified pipes) and prescribing precise dimensional limits (thickness, width, diameter, length, inner/outer diameters) that determine entitlement to the notification's benefit.
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