Customs exemption for specified R&D equipment limits duty above a 30% ad valorem cap when importer is approved. Eighty-three specified electronic test, measurement and production equipments imported under Chapters 84, 85 or 90 are exempt so that customs duty is limited to 30% ad valorem and additional duty under section 3 of the Tariff Act is waived, provided the importer is an R&D institution of an electronic goods manufacturer approved and registered by the central science and technology authority and produces proof of approval to the Assistant Collector of Customs at importation.
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 R&D equipment limits duty above a 30% ad valorem cap when importer is approved.
Eighty-three specified electronic test, measurement and production equipments imported under Chapters 84, 85 or 90 are exempt so that customs duty is limited to 30% ad valorem and additional duty under section 3 of the Tariff Act is waived, provided the importer is an R&D institution of an electronic goods manufacturer approved and registered by the central science and technology authority and produces proof of approval to the Assistant Collector of Customs at importation.
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