Debonding of capital goods allowed on payment of duty on depreciated value at the prevailing duty rate. The notification authorises debonding as an alternative to transfer within India under the Export and Import Policy and revises the proviso so that clearance or debonding of capital goods may be allowed on payment of duty on their depreciated value at the rate in force on the date of payment; it also extends references to clearance to include debonding and permits duty-free debonding of used packing materials unsuitable for repeated use.
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.
Debonding of capital goods allowed on payment of duty on depreciated value at the prevailing duty rate.
The notification authorises debonding as an alternative to transfer within India under the Export and Import Policy and revises the proviso so that clearance or debonding of capital goods may be allowed on payment of duty on their depreciated value at the rate in force on the date of payment; it also extends references to clearance to include debonding and permits duty-free debonding of used packing materials unsuitable for repeated use.
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