Customs exemption for gem and jewellery imports limited to export processing use, with increased ad valorem threshold and importer undertaking. Amendment expands a customs exemption for goods imported by registered exporters of gem and jewellery to goods used in processing and manufacture for export, raises the exemption excess threshold from twenty-five to thirty-five per cent ad valorem, requires a mandatory undertaking by the importer as to specified use, and makes the importer liable to pay the duty difference on failure; it also inserts Serial Nos. 75-105 listing eligible machinery, tools, consumables and accessories for jewellery manufacture and processing for export.
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 gem and jewellery imports limited to export processing use, with increased ad valorem threshold and importer undertaking.
Amendment expands a customs exemption for goods imported by registered exporters of gem and jewellery to goods used in processing and manufacture for export, raises the exemption excess threshold from twenty-five to thirty-five per cent ad valorem, requires a mandatory undertaking by the importer as to specified use, and makes the importer liable to pay the duty difference on failure; it also inserts Serial Nos. 75-105 listing eligible machinery, tools, consumables and accessories for jewellery manufacture and processing for export.
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