Customs exemption conditions require importers to furnish undertakings and maintain certified accounts, with duty recovery on noncompliance. The substituted proviso requires the importer to furnish an undertaking that the imported goods will be used for the specified purpose, that an account of goods received and consumed at the place of manufacture will be maintained as specified by the Assistant Collector of Customs, and that an extract of that account, certified by the manufacturer, will be produced within the period allowed; failure to comply will oblige the importer to pay the difference between duty leviable but for the exemption and duty already paid at import.
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 importers to furnish undertakings and maintain certified accounts, with duty recovery on noncompliance.
The substituted proviso requires the importer to furnish an undertaking that the imported goods will be used for the specified purpose, that an account of goods received and consumed at the place of manufacture will be maintained as specified by the Assistant Collector of Customs, and that an extract of that account, certified by the manufacturer, will be produced within the period allowed; failure to comply will oblige the importer to pay the difference between duty leviable but for the exemption and duty already paid at import.
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