Customs exemption for Polytetra Fluoroethylene tapes for manufacture of insulated wires and cables, subject to use and reporting conditions. Exemption for Polytetra Fluoroethylene tapes imported for the manufacture of Polytetra Fluoroethylene insulated wires or insulated cables relieves the importer from customs duty above a specified ad valorem threshold and from the additional duty under section 3, provided the importer furnishes an undertaking that the goods will be used for the stated manufacture, maintains accounts as specified by the Assistant Collector of Customs, produces a certified extract of such accounts within three months or an extended period allowed, and pays on demand the duty difference in case of non compliance.
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 Polytetra Fluoroethylene tapes for manufacture of insulated wires and cables, subject to use and reporting conditions.
Exemption for Polytetra Fluoroethylene tapes imported for the manufacture of Polytetra Fluoroethylene insulated wires or insulated cables relieves the importer from customs duty above a specified ad valorem threshold and from the additional duty under section 3, provided the importer furnishes an undertaking that the goods will be used for the stated manufacture, maintains accounts as specified by the Assistant Collector of Customs, produces a certified extract of such accounts within three months or an extended period allowed, and pays on demand the duty difference in case of non compliance.
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