Customs exemption for electronic industry capital goods extends full customs duty relief to a specified list of machinery and components. Substitutes the prior limited exemption (excess over a 10% ad valorem rate) with an exemption from the whole of the customs duty for specified capital goods used in the electronic industry, and inserts an expanded TABLE enumerating eligible machinery, equipment, accessories and related inputs for manufacturing and testing electronic components and assemblies; the amendment takes effect on the notification's commencement date and modifies Notification No.25/2002 Customs by adding multiple serial entries for such capital goods.
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Customs exemption for electronic industry capital goods extends full customs duty relief to a specified list of machinery and components.
Substitutes the prior limited exemption (excess over a 10% ad valorem rate) with an exemption from the whole of the customs duty for specified capital goods used in the electronic industry, and inserts an expanded TABLE enumerating eligible machinery, equipment, accessories and related inputs for manufacturing and testing electronic components and assemblies; the amendment takes effect on the notification's commencement date and modifies Notification No.25/2002 Customs by adding multiple serial entries for such capital goods.
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