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Exempts interest accrued on the customs duties payable at the time of clearance from Customs Bonded Warehouses by STP, EHTP units - 132/04 - Customs - Non Tariff
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Exemption of interest on customs duties: interest waived for capital goods cleared from bonded warehouses by export oriented and STP/EHTP units. Exempts interest on customs duties payable at clearance from Customs Bonded Warehouses for capital goods, specified equipment and accessories (excluding raw materials, components and consumables) imported by export oriented undertakings, EHTP units or STP units and warehoused under the Customs warehousing regime, with beneficiary definitions tied to the respective scheme notifications and statutory meaning of export oriented undertaking.
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.
Exemption of interest on customs duties: interest waived for capital goods cleared from bonded warehouses by export oriented and STP/EHTP units.
Exempts interest on customs duties payable at clearance from Customs Bonded Warehouses for capital goods, specified equipment and accessories (excluding raw materials, components and consumables) imported by export oriented undertakings, EHTP units or STP units and warehoused under the Customs warehousing regime, with beneficiary definitions tied to the respective scheme notifications and statutory meaning of export oriented undertaking.
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