Customs exemption for specified industrial machinery permits reduced duty on qualifying imports subject to certification and scheme conditions. The notification exempts specified goods under Chapters 39, 69, 84, 85 and 90 from excess customs duty beyond a capped ad valorem rate and from the additional duty under the Customs Tariff Act when imported for use in listed industries. Qualification requires certification by an Additional Industrial Adviser, coverage under the Industrial Development Bank of India Technological Upgradation Scheme with a deputy general manager's certificate, and an importer's undertaking to repay duty differential on non compliance. The annexed Table lists specific machinery and equipment by industry that qualify for the relief.
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 industrial machinery permits reduced duty on qualifying imports subject to certification and scheme conditions.
The notification exempts specified goods under Chapters 39, 69, 84, 85 and 90 from excess customs duty beyond a capped ad valorem rate and from the additional duty under the Customs Tariff Act when imported for use in listed industries. Qualification requires certification by an Additional Industrial Adviser, coverage under the Industrial Development Bank of India Technological Upgradation Scheme with a deputy general manager's certificate, and an importer's undertaking to repay duty differential on non compliance. The annexed Table lists specific machinery and equipment by industry that qualify for the relief.
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