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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>India Exempts Goods from Customs Duties Under Duty Credit Certificate; Conditions Apply for Marine and Other Sectors.</h1> The Central Government of India, under Notification No. 73/2006-Customs dated July 10, 2006, exempts certain goods from customs duties when imported with a Duty Credit Certificate issued under the Target Plus Scheme. This exemption applies to goods specified in the Foreign Trade Policy and is available to status holders in the marine and other sectors. Conditions include the certificate being issued based on export growth between 2004-05 and 2005-06, non-transferability of the certificate and goods, and specific import locations. Certain export categories are excluded from the scheme's benefits, including service exports and precious metals.
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