Customs exemption for export production: duty relief for specified imports into the export processing zone, subject to compliance and bonds. Specified goods imported into the CoChin Export Processing Zone are exempt from customs duty and additional duty when used for production, packaging, promotion or training related to export, conditional on authorisation to operate in the Zone, import licences, demonstration to the Development Commissioner, and execution of a bond securing export obligations. Importers must use goods within the Zone, maintain and submit prescribed accounts, and may face duty on goods not used, re exported or exported within prescribed periods; certain losses, scrap, samples and training goods are excepted under conditions.
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 export production: duty relief for specified imports into the export processing zone, subject to compliance and bonds.
Specified goods imported into the CoChin Export Processing Zone are exempt from customs duty and additional duty when used for production, packaging, promotion or training related to export, conditional on authorisation to operate in the Zone, import licences, demonstration to the Development Commissioner, and execution of a bond securing export obligations. Importers must use goods within the Zone, maintain and submit prescribed accounts, and may face duty on goods not used, re exported or exported within prescribed periods; certain losses, scrap, samples and training goods are excepted under conditions.
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