Exemption conditions for home consumed goods from special units require identity, unit limit compliance and export or disposal. Exemption for goods cleared to home consumption from EOU, FTZ, EHTP or STP units is conditional on Assistant Commissioner satisfaction that cleared goods are identical to exported or intended exports, that home consumption values do not exceed unit specific entitlement percentages in the annexed Table relative to total production of identical goods, and that the remaining production is exported or disposed of under the Export Import Policy; parallel proportional limits and export/disposal requirements apply to software and to rejects/scrap/remnants.
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 home consumed goods from special units require identity, unit limit compliance and export or disposal.
Exemption for goods cleared to home consumption from EOU, FTZ, EHTP or STP units is conditional on Assistant Commissioner satisfaction that cleared goods are identical to exported or intended exports, that home consumption values do not exceed unit specific entitlement percentages in the annexed Table relative to total production of identical goods, and that the remaining production is exported or disposed of under the Export Import Policy; parallel proportional limits and export/disposal requirements apply to software and to rejects/scrap/remnants.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
