Exempts dredgers falling under heading 8905 10 00 - where said goods taken on lease by the importer for use after import. - 19/2012-Customs - Customs -Tariff
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Customs exemption for leased dredgers: import duty and excess additional duty waived where goods are leased for use. Dredgers falling under heading 8905 10 00 are exempt on import from the whole of the basic customs duty and from that portion of additional duty exceeding the duty calculated on the total lease value, provided the goods are taken on lease by the importer for use after import.
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.
Customs exemption for leased dredgers: import duty and excess additional duty waived where goods are leased for use.
Dredgers falling under heading 8905 10 00 are exempt on import from the whole of the basic customs duty and from that portion of additional duty exceeding the duty calculated on the total lease value, provided the goods are taken on lease by the importer for use after import.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.