Customs exemption for sugar imports conditioned on refinery use, APEDA-registered contracts, or certified bulk-consumer status. Amendment inserts S.Nos. 37C-37E providing customs exemption for raw and refined sugar, subject to Annexure conditions 5D-5F. Condition 5D allows exemption for imports by sugar factories or refineries, and for other importers requires a contract with a factory/refinery, a bond that the raw sugar will be refined, and bond discharge upon a Central Excise certificate within three months proving refinement, failing which differential duty is payable. Condition 5E requires APEDA-registered import contracts; Condition 5F requires a Chartered Accountant certificate verifying bulk-consumer status based on prior twelve-month consumption.
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Customs exemption for sugar imports conditioned on refinery use, APEDA-registered contracts, or certified bulk-consumer status.
Amendment inserts S.Nos. 37C-37E providing customs exemption for raw and refined sugar, subject to Annexure conditions 5D-5F. Condition 5D allows exemption for imports by sugar factories or refineries, and for other importers requires a contract with a factory/refinery, a bond that the raw sugar will be refined, and bond discharge upon a Central Excise certificate within three months proving refinement, failing which differential duty is payable. Condition 5E requires APEDA-registered import contracts; Condition 5F requires a Chartered Accountant certificate verifying bulk-consumer status based on prior twelve-month consumption.
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