Customs exemption for components of fuel-efficient two wheeled vehicles permits reduced import duty subject to certification and use conditions. Exemption reduces customs duty to an amount calculated at 25% ad valorem and exempts additional duty on specified imported goods (other than raw materials) required for manufacture of listed components for fuel-efficient two-wheeled motor vehicles, subject to certification by designated Industrial Advisers and a Deputy Secretary, approval of the import programme by the Ministry of Industry and Directorate General of Technical Development, and post-import certification of use in manufacture supplied to manufacturers; fuel-efficiency and testing criteria for qualifying vehicles are prescribed.
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 components of fuel-efficient two wheeled vehicles permits reduced import duty subject to certification and use conditions.
Exemption reduces customs duty to an amount calculated at 25% ad valorem and exempts additional duty on specified imported goods (other than raw materials) required for manufacture of listed components for fuel-efficient two-wheeled motor vehicles, subject to certification by designated Industrial Advisers and a Deputy Secretary, approval of the import programme by the Ministry of Industry and Directorate General of Technical Development, and post-import certification of use in manufacture supplied to manufacturers; fuel-efficiency and testing criteria for qualifying vehicles are prescribed.
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