https://www.taxtmi.com/notifications?id=6525 Concessional customs treatment applies to leased machinery, equipment or tools temporarily imported for contract execution where the importer declares temporary import, re-exports within three months or an authorised extension up to eighteen months, and furnishes a bond with bank guarantee; extensions require payment of duty difference and delayed re-export attracts additional duty calculated by graduated notional rates, and such imports are not eligible for drawback. en-us Sat, 01 Mar 2008 00:00:00 +0530 Tue, 11 Mar 2008 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6525 Concessional customs treatment applies to leased machinery, equipment or tools temporarily imported for contract execution where the importer declares temporary import, re-exports within three months or an authorised extension up to eighteen months, and furnishes a bond with bank guarantee; extensions require payment of duty difference and delayed re-export attracts additional duty calculated by graduated notional rates, and such imports are not eligible for drawback. Notifications Customs Sat, 01 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6525