Customs exemption conditions require importer undertaking use, recordkeeping, certified receipt proof, and duty liability on noncompliance. The substituted condition requires the importer to undertake that the imported components will be used for the specified purpose, that a record of components received and consumed at the place of manufacture will be maintained as directed by the Assistant Collector of Customs, and that a manufacturer certified extract evidencing receipt at the manufacturing premises will be produced within three months or any extended period allowed. The undertaking further admits liability to pay, on demand, the difference between duty leviable but for the exemption and duty already paid if the importer fails to comply with these requirements.
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 conditions require importer undertaking use, recordkeeping, certified receipt proof, and duty liability on noncompliance.
The substituted condition requires the importer to undertake that the imported components will be used for the specified purpose, that a record of components received and consumed at the place of manufacture will be maintained as directed by the Assistant Collector of Customs, and that a manufacturer certified extract evidencing receipt at the manufacturing premises will be produced within three months or any extended period allowed. The undertaking further admits liability to pay, on demand, the difference between duty leviable but for the exemption and duty already paid if the importer fails to comply with these requirements.
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