Customs exemption for silver imports permits duty-free replenishment shipments used to replace silver in exported jewellery. Central Government exempts imports of silver classified under the customs heading for silver when imported by or on behalf of the State Bank of India for sale as replenishment metal for silver used in jewellery or articles exported under the Export Promotion and Replenishment Scheme, from the whole of the customs duty leviable thereon, conditioned on importation for that specific replenishment purpose.
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 silver imports permits duty-free replenishment shipments used to replace silver in exported jewellery.
Central Government exempts imports of silver classified under the customs heading for silver when imported by or on behalf of the State Bank of India for sale as replenishment metal for silver used in jewellery or articles exported under the Export Promotion and Replenishment Scheme, from the whole of the customs duty leviable thereon, conditioned on importation for that specific replenishment purpose.
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