https://www.taxtmi.com/notifications?id=3338 Exemption applies to capital goods imported under paragraph 197, relieving duty above 25% ad valorem and additional duty under section 3, subject to conditions: production of a bond with bank guarantee for full duty at importation and a declaration at clearance binding the importer to pay on demand duty where paragraph 197 conditions are not met; export-obligation periods may be extended by Public Notice (generally to 31 March 2002, with a special earthquake-related extension to 31 March 2004) and amendments validate past actions notwithstanding judicial orders. en-us Thu, 03 May 1990 00:00:00 +0530 Sat, 03 May 2008 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3338 Exemption applies to capital goods imported under paragraph 197, relieving duty above 25% ad valorem and additional duty under section 3, subject to conditions: production of a bond with bank guarantee for full duty at importation and a declaration at clearance binding the importer to pay on demand duty where paragraph 197 conditions are not met; export-obligation periods may be extended by Public Notice (generally to 31 March 2002, with a special earthquake-related extension to 31 March 2004) and amendments validate past actions notwithstanding judicial orders. Notifications Customs Thu, 03 May 1990 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3338