Customs exemption for gem and jewellery manufacturing equipment permits reduced duty and excise relief for registered exporters and cooperatives. The notification, under section 25(1) of the Customs Act, 1962, exempts specified machinery and equipment falling within Chapters 82, 84, 85 or 90 and designed for gem and jewellery manufacture, when imported by registered exporters of gem and jewellery and cooperative societies of goldsmiths and artisans, from customs duty in excess of a stated ad valorem cap and from the whole of the additional duty leviable under section 3 of the Customs Tariff Act, 1975.
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 gem and jewellery manufacturing equipment permits reduced duty and excise relief for registered exporters and cooperatives.
The notification, under section 25(1) of the Customs Act, 1962, exempts specified machinery and equipment falling within Chapters 82, 84, 85 or 90 and designed for gem and jewellery manufacture, when imported by registered exporters of gem and jewellery and cooperative societies of goldsmiths and artisans, from customs duty in excess of a stated ad valorem cap and from the whole of the additional duty leviable under section 3 of the Customs Tariff Act, 1975.
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