Customs duty exemption for bulk consumers: nil duty on imported raw sugar with Chartered Accountant certification of bulk use. Amendment adds tariff entry 38CC exempting raw sugar (chapter 1701) from basic and additional duty when imported by a bulk consumer and adjusts the operative date. It inserts Annexure condition 5C requiring a Chartered Accountant's certificate at import time certifying bulk consumer status, defines bulk consumer by monthly consumption exceeding ten quintals as raw material for production or non-sale use, and requires the certificate to be based on the previous twelve months' consumption.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for bulk consumers: nil duty on imported raw sugar with Chartered Accountant certification of bulk use.
Amendment adds tariff entry 38CC exempting raw sugar (chapter 1701) from basic and additional duty when imported by a bulk consumer and adjusts the operative date. It inserts Annexure condition 5C requiring a Chartered Accountant's certificate at import time certifying bulk consumer status, defines bulk consumer by monthly consumption exceeding ten quintals as raw material for production or non-sale use, and requires the certificate to be based on the previous twelve months' consumption.
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