Importer undertaking requirement mandates use, record-keeping, certified production and duty recovery on non-compliance under customs notification. Substituted condition (2) requires the importer to furnish an undertaking that the imported parts shall be used for the specified purpose; that an account of parts received and consumed at the place of manufacture shall be maintained as specified by the Assistant Collector of Customs; that the importer shall produce a manufacturer-certified extract of such account evidencing receipt within three months or such extended period as allowed by the Assistant Collector; and that, on demand for failure to comply with these requirements, the importer shall pay the difference between duty leviable but for the exemption and duty already paid at importation.
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.
Importer undertaking requirement mandates use, record-keeping, certified production and duty recovery on non-compliance under customs notification.
Substituted condition (2) requires the importer to furnish an undertaking that the imported parts shall be used for the specified purpose; that an account of parts received and consumed at the place of manufacture shall be maintained as specified by the Assistant Collector of Customs; that the importer shall produce a manufacturer-certified extract of such account evidencing receipt within three months or such extended period as allowed by the Assistant Collector; and that, on demand for failure to comply with these requirements, the importer shall pay the difference between duty leviable but for the exemption and duty already paid at importation.
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