Exemption for polyurethane film imports: capped additional duty allowed subject to use undertaking and recordkeeping requirements. Relief is provided for specified polyurethane films or foils imported for manufacture of finished leather by capping the additional customs duty; qualification requires the importer's undertaking that the goods will be used for the stated purpose, that accounts of receipt and consumption will be kept as specified by the Assistant Collector of Customs, and that certified extracts evidencing receipt at the manufacturer's premises will be produced within three months or any allowed extension. Non compliance permits recovery of the duty difference.
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.
Exemption for polyurethane film imports: capped additional duty allowed subject to use undertaking and recordkeeping requirements.
Relief is provided for specified polyurethane films or foils imported for manufacture of finished leather by capping the additional customs duty; qualification requires the importer's undertaking that the goods will be used for the stated purpose, that accounts of receipt and consumption will be kept as specified by the Assistant Collector of Customs, and that certified extracts evidencing receipt at the manufacturer's premises will be produced within three months or any allowed extension. Non compliance permits recovery of the duty difference.
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