Custom duty and whole of the additional duty exemptions to gold/silver/platinum, alloys imported into India by nominated agencies, status holders - intend to follow procedure as applicable in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 - Seeks to amend Notification No. 56/2000-Customs,dated the 5th May, 2000
Show AI Summary
Customs concessional import procedure: importers and recipients must follow the Import of Goods at Concessional Rate of Duty Rules, ensuring compliance.
Importers and exporters receiving supplies of gold, silver, platinum and their alloys imported by nominated agencies and status holders must follow the procedural requirements in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, as amended, thereby making compliance with the Rules' documentation, certification and verification processes mandatory for entitlement to the concession under Notification No. 56/2000.