Customs tariff amendments expand concessional duty entries and conditional exemptions for specified imported goods, affecting medical and industrial inputs. Amendment revises Notification No. 21/2002-Customs by deferring specified operative dates, adding and omitting tariff serial entries, and adjusting duty rates to create new nil or concessional duty lines for identified agricultural, industrial, medical and infrastructure inputs. It substitutes and removes Table entries, inserts new conditional concessional entries including components for manufacture of specified goods, and alters Annexure conditions by permitting disposal subject to duty on depreciated value with certification and by adding import certification and remittance conditions for exemptions.
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Customs tariff amendments expand concessional duty entries and conditional exemptions for specified imported goods, affecting medical and industrial inputs.
Amendment revises Notification No. 21/2002-Customs by deferring specified operative dates, adding and omitting tariff serial entries, and adjusting duty rates to create new nil or concessional duty lines for identified agricultural, industrial, medical and infrastructure inputs. It substitutes and removes Table entries, inserts new conditional concessional entries including components for manufacture of specified goods, and alters Annexure conditions by permitting disposal subject to duty on depreciated value with certification and by adding import certification and remittance conditions for exemptions.
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