Duty relief for fuel-efficient vehicle body panels now applies only to excess over specified ad valorem rates and covers warranty parts. Amends a customs exemption notification to limit duty relief on imported inputs for manufacture of body panels for fuel-efficient motor car or fuel-efficient van (engine capacity not exceeding 1000 cc) so relief applies only to that portion of basic customs duty in excess of specified ad valorem rates while the whole of the additional duty under section 3 remains exempt; applies a higher ad valorem threshold for parts made for warranty or after-sale service and treats supplied warranty/after-sale parts as qualifying like parts used in manufacture.
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.
Duty relief for fuel-efficient vehicle body panels now applies only to excess over specified ad valorem rates and covers warranty parts.
Amends a customs exemption notification to limit duty relief on imported inputs for manufacture of body panels for fuel-efficient motor car or fuel-efficient van (engine capacity not exceeding 1000 cc) so relief applies only to that portion of basic customs duty in excess of specified ad valorem rates while the whole of the additional duty under section 3 remains exempt; applies a higher ad valorem threshold for parts made for warranty or after-sale service and treats supplied warranty/after-sale parts as qualifying like parts used in manufacture.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
