https://www.taxtmi.com/notifications?id=1502 Amendment adds exemption entry 337A allowing duty-free import of specified research and laboratory equipment by pharmaceutical and biotechnology units that meet the prescribed export turnover threshold and have an R&D wing registered with the Department of Scientific and Industrial Research. Condition 74A requires imports to be for R&D, limits annual import value relative to prior-year exports, mandates a Joint DGFT certificate of export and prior imports, installation within six months certified by Central Excise, and a seven-year non-transfer restriction. en-us Mon, 21 Jan 2002 00:00:00 +0530 Tue, 06 May 2008 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=1502 Amendment adds exemption entry 337A allowing duty-free import of specified research and laboratory equipment by pharmaceutical and biotechnology units that meet the prescribed export turnover threshold and have an R&D wing registered with the Department of Scientific and Industrial Research. Condition 74A requires imports to be for R&D, limits annual import value relative to prior-year exports, mandates a Joint DGFT certificate of export and prior imports, installation within six months certified by Central Excise, and a seven-year non-transfer restriction. Notifications Customs Mon, 21 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/notifications?id=1502