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of <h1>India Updates Customs Duty Notification: Changes to Exemptions, Rates for Aircraft Parts, Refrigerated Vehicles; New Compliance Requirements</h1> The Government of India has amended Notification No. 21/2002-Customs, effective from March 1, 2002, concerning exemptions and effective rates of basic and additional duties for specified goods under Chapters 1 to 99. Key amendments include the substitution of 'Nil' for certain duty entries and the addition of new entries for specific goods like aircraft parts and refrigerated motor vehicles. Conditions for duty exemptions are specified for aircraft imported by recognized sports federations or approved flying training institutes, and for non-scheduled passenger or charter services. Importers must provide undertakings to ensure compliance with the specified usage of imported goods.
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