Duty exemption for imports against Target Plus duty credit certificates, conditional on Star Export House entitlement and procedural compliance. Imports against a Duty Credit Certificate under the Target Plus Scheme are exempt from the whole customs duty and specified additional duty when the certificate is issued to a Star Export House for incremental export growth and produced at clearance. The certificate must have sufficient credit, be non-transferable (with limited use by named supporting manufacturers), and capital/office/professional equipment imports require an installation-and-use certificate within six months. Imports must pass through listed ports, airports, ICDs, LCS or SEZs; importers may forgo additional duty exemption and may claim drawback or CENVAT credit against amounts debited in the certificate.
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.
Duty exemption for imports against Target Plus duty credit certificates, conditional on Star Export House entitlement and procedural compliance.
Imports against a Duty Credit Certificate under the Target Plus Scheme are exempt from the whole customs duty and specified additional duty when the certificate is issued to a Star Export House for incremental export growth and produced at clearance. The certificate must have sufficient credit, be non-transferable (with limited use by named supporting manufacturers), and capital/office/professional equipment imports require an installation-and-use certificate within six months. Imports must pass through listed ports, airports, ICDs, LCS or SEZs; importers may forgo additional duty exemption and may claim drawback or CENVAT credit against amounts debited in the certificate.
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