Exemption conditions for imported dumper component parts require undertakings, certified records, and duty payment on noncompliance. Amendment replaces the exempting condition by requiring the importer to undertake that the component parts will be used for the specified purpose, that accounts of parts 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 of such account will be produced within three months or any extension allowed; failure to comply triggers payment of the difference between duty otherwise leviable and duty already paid.
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.
Exemption conditions for imported dumper component parts require undertakings, certified records, and duty payment on noncompliance.
Amendment replaces the exempting condition by requiring the importer to undertake that the component parts will be used for the specified purpose, that accounts of parts 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 of such account will be produced within three months or any extension allowed; failure to comply triggers payment of the difference between duty otherwise leviable and duty already paid.
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