https://www.taxtmi.com/circulars?id=8609 Clarifies that the post-Budget definition of Completely Knocked Down (CKD) units has two independent disqualification criteria: a unit containing all necessary components remains a CKD for concessional duty, but any unit that contains a pre-assembled engine, gearbox or transmission, or a chassis/body with those components pre-installed at import, is disqualified from CKD treatment and attracts a higher basic customs duty. Standalone imports of pre-assembled engines, gearboxes or transmissions continue to receive the earlier concessional duty treatment. en-us Fri, 11 Mar 2011 00:00:00 +0530 Mon, 18 Apr 2011 18:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8609 Clarifies that the post-Budget definition of Completely Knocked Down (CKD) units has two independent disqualification criteria: a unit containing all necessary components remains a CKD for concessional duty, but any unit that contains a pre-assembled engine, gearbox or transmission, or a chassis/body with those components pre-installed at import, is disqualified from CKD treatment and attracts a higher basic customs duty. Standalone imports of pre-assembled engines, gearboxes or transmissions continue to receive the earlier concessional duty treatment. Circulars Customs Fri, 11 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8609