Customs effective rate cap for Chapter 95 imports restricts leviable duty above a prescribed ad valorem rate.
The Central Government, under section 25(1) of the Customs Act, 1962, exempts imports under Chapter 95 of the First Schedule to the Customs Tariff Act, 1975 from customs duty in excess of the amount calculated at the rate of 50% ad valorem, thereby capping the effective customs liability for those goods.

Effective customs duty rates set for specified watch goods, with conditional exemptions subject to use, bond and certification.
The Central Government sets effective customs duty rates for specified goods of Chapters 91 and 98 by exempting duty in excess of the stated ad valorem rates in the Table. The exemption applies on importation to categories including Braille watches, watch components and electronic module parts, subject to conditions: import for manufacture, execution of a bond to secure duty on parts not shown to be used for manufacture, and, where specified, production of a certificate from the Assistant Collector of Central Excise confirming use.

Customs exemption for medical equipment parts limits duty to a capped ad valorem rate, subject to certification and bond.
Exempts specified parts imported for manufacture of medical equipment under listed tariff headings from customs duty to the extent the duty exceeds an amount calculated at a capped ad valorem rate, provided the Assistant Collector of Customs is satisfied the parts are required for that manufacture.

Customs duty exemption caps effective rate on specified hearing aid goods, subject to import, undertaking and recordkeeping conditions.
The Central Government exempts specified goods of Chapters 90 and 98 from customs duty in excess of an established ad valorem rate, subject to Table conditions: component parts shaped for hearing aids eligible when imported by handicapped persons or associations; hearing aid appliances broadly exempt; and component parts imported for manufacture exempt only on furnishing an undertaking, maintaining and producing certified accounts of consumption, and agreeing to pay differential duty on failure to comply.

Customs exemption for specified Chapter 90 imports caps applicable duty at an effective ad valorem rate, with defined exclusions.
The Central Government exempts specified goods under Chapter and sub-headings of the Customs Tariff First Schedule listed in the annexed Table from customs duty to the extent that duty exceeds an amount calculated at an effective ad valorem rate of 40% ad valorem on import into India, subject to exclusions for parts containing semiconductor devices or parts interchangeable with motor vehicle parts and with descriptive limits for listed Chapter 90 items including instruments and certain printing-industry equipment.

Customs duty exemption caps import duty on specified goods to an ad valorem rate under delegated statutory power.
The Central Government, under section 25(1) of the Customs Act, 1962, exempts goods falling under sub-heading No. 9013.20 of the First Schedule to the Customs Tariff Act, 1975, when imported into India, from so much of the duty leviable as exceeds the amount calculated at the rate of 55% ad valorem, thereby capping the effective customs liability for those imports.

Customs exemption rates set for Chapter 85 imports; conditional certification and undertaking required for telecom parts.
Exemption prescribes specified effective ad valorem rates for goods in Chapter 85 on import, listing headings, sub headings and reduced rates, and distinguishes parts excluding certain electronic components. For parts, sub assemblies and modules used to manufacture specified telecommunications equipment, importers must present a Director level Department of Telecommunication certificate confirming nature and intended use and provide an undertaking to the Assistant Collector to use the goods as declared and to pay any duty shortfall if misused.

Application Software import cap limits customs duty to a specified ad valorem rate, easing tariff burden on software imports.
Exemption under section 25(1) of the Customs Act caps customs duty on imported Application Software within Chapter 49 or heading 85.24 to the amount computed at a 20% ad valorem rate; "Application Software" means programs developed to solve specific problems and excludes programs concerned with the basic internal operations of the computer.

Customs duty cap for goods under sub heading 8473.30: only ad valorem rate applies; excess duty exempted.
The Central Government exempts all goods under sub heading No. 8473.30 when imported into India from so much of the customs duty leviable as exceeds the amount computed at a specified ad valorem rate, thereby capping the effective customs charge to that ad valorem measure and relieving any excess duty.

Customs exemption rates limit duty on specified imported inputs to prescribed effective rates for manufacture of listed finished goods.
Notification exempts specified imported inputs under listed tariff headings by limiting customs duty to prescribed effective rates for manufacture of identified finished goods, notably telecommunication-grade optical fibres, optical fibre cables and FRP products. The exemption requires an importer's undertaking that the goods be used for the stated manufacture, maintenance of accounts at the place of manufacture as prescribed by the Assistant Collector of Customs, production of a certified account extract within three months (or extended period), and payment on demand of the duty difference if conditions are not met.

Customs exemption scope narrowed to only the portion of duty exceeding prescribed ad valorem thresholds across amended notifications.
The amendments substitute prior exemption wording in twenty notifications with clauses confining exemption to only that portion of the duty of customs which is in excess of the amount calculated at the stated ad valorem rates in the First Schedule to the Customs Tariff Act, and in one notification omit reference to an additional duty provision.

Customs exemption caps duty on specified imports used in manufacture of ground power units and air starters.
The Central Government exempts diesel engines (2400 rpm), alternators (400 Hz, 115/200 V, 2400 rpm) and oil free dry screw compressors, when classified under the customs tariff and imported into India for manufacture of ground power units and air jet starters, from customs duty in excess of the amount calculated at a prescribed ad valorem rate.

Customs exemption for tourist transport vehicles grants reduced import duty subject to usage, resale and certification conditions.
Air-conditioned cars and coaches imported by specified importers for tourist transport are exempted from customs duty in excess of a reduced ad valorem rate and from additional duty on coaches, provided the importer furnishes a Director General of Tourism certificate approving quantity and grant, gives an undertaking restricting sale or disposal for five years except to approved importers with prior approval, ensures use for tourist transport, pays any differential duty on breach, pays duty in convertible foreign currency, and the C.I.F. value per vehicle does not exceed the prescribed caps.

Standard Exchange Scheme duty exemption: customs limited to value based on final standard exchange cost for repaired parts.
Exemption of customs duty on aircraft parts imported under the Standard Exchange Scheme is limited to duty exceeding what would be leviable if the parts' value were taken as the Standard Exchange Cost plus insurance and freight both ways. The exemption applies only where parts are repaired or overhauled (not new); a registered Standard Exchange Agreement exists; the exporter is registered; the Standard Exchange Cost is final; no drawback is claimed; and importer produces exporter certificates confirming supply from a pool of repaired or overhauled parts and finality of the Standard Exchange Cost.

Customs duty exemption for aircraft raw materials: excess and additional duties waived subject to DGCA certification.
Raw materials in the First Schedule imported for manufacture of aircraft under heading 88.02 or their parts are exempted from customs duty in excess of an effective ad valorem rate and from the additional duty under section 3 of the Customs Tariff Act, subject to certification by an officer not below Deputy Secretary in the office of the Director General of Civil Aviation confirming description and quantity.

Customs exemption for aircraft parts limits basic duty to three percent ad valorem and waives additional duty.
Exempts parts of aeroplanes, helicopters and simulators of aircraft falling in the First Schedule and required for manufacture or servicing from so much of the basic customs duty as exceeds 3 per cent ad valorem and from the whole of the additional duty leviable under section 3, excluding rubber tyres and tubes; "parts" expressly includes engines, engine parts, wireless apparatus, washers, screws, bearings and other First Schedule items.

Customs tariff amendments revise exemption notifications by substituting duty rates and removing specific conditions and table entries.
The Government amends specified customs exemption notifications by substituting certain ad valorem duty rates, deleting a conditional paragraph that limited concession grants to small scale sector recommendations, and omitting particular serial numbers and table entries in annexed schedules, effecting textual revisions to the listed notifications under executive amendment powers in the preamble.

Customs duty exemption for aircraft and related equipment removes import duty on qualifying goods when imported into India.
The Central Government, invoking statutory exemption powers under the Customs Act, exempts aeroplanes, helicopters, simulators of aeroplanes and gliders falling within the Customs Tariff classification for aviation goods from the whole of customs duty leviable under the First Schedule when imported into India, thereby removing the customs duty liability applicable to those tariff entries.

Customs exemption for exchanged spinnerettes limits duty to value based on exchange cost plus insurance and freight.
The Government exempts from customs duty the portion exceeding the duty computed on a prescribed value equal to the cost of exchange (labour charges; cost of any excess gold, platinum or rhodium; other supplier charges) plus insurance and freight both ways, subject to importation within one year of export and no drawback having been paid.

Customs exemption for fertilizer plant renovation available subject to certification, import value cap and use undertaking.
Exemption from customs and additional customs duty is granted for machinery, components, raw materials, spare parts and consumable stores imported for renovation or modernisation of a fertilizer plant, subject to certification and recommendation by a Deputy Secretary-level officer in the Department of Fertilizers confirming techno-economic clearance and need, a value cap on maintenance-related imports relative to capital goods imports, and an importer's undertaking to use the goods for the specified purpose with duty liability on misuse.