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        <h1>India Exempts Certain Imports from Customs Duties Under 1992-1997 Policy, Subject to Conditions and Compliance.</h1> The Central Government of India issued a notification exempting materials imported under a Self Declared Pass Book from customs duties, as per the Export and Import Policy from April 1992 to March 1997. This exemption is subject to conditions such as the importer's compliance with bond execution, declaration of duty payment if conditions are unmet, and presentation of the Pass Book at customs clearance. Imports and exports must occur through specified ports and airports, and export obligations must be fulfilled within two years. Exempt materials are restricted for export obligation purposes only, with specific provisions for supporting manufacturers and certain materials like Acetic Anhydride.

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