Effective rate of duty on components imported by the manufacturers of fuel-efficient motor cars of engine capacity not exceeding 1000CC manufactured under approved P.M.P. for providing warranty coverage or after sales service to their customers

Effective rate of duty on components imported by the manufacturers of fuel-efficient motor cars of engine capacity not exceeding 1000CC manufactured under approved P.M.P. for providing warranty coverage or after sales service to their customers https://www.taxtmi.com/notifications?id=20815 Exemption allows import of components (including SKD/CKD packs) for manufacture of fuel-efficient motor cars up to 1000 cc from duty above 25% ad valorem and from additional customs duty, subject to certification of component lists by a senior Industrial Adviser, approval of an import programme by the Ministry of Industry, production of evidence to the Assistant Collector of Customs, provision of an undertaking to use and account for components with certified manufacturer extracts within prescribed periods, reimbursement of duty differential on breach, indigenisation certification, and mandatory fuel-efficiency certification valid for six months. en-us Tue, 01 Mar 1988 00:00:00 +0530 Mon, 31 Aug 2009 10:03:00 +0530 TaxTMI RSS Generator Effective rate of duty on components imported by the manufacturers of fuel-efficient motor cars of engine capacity not exceeding 1000CC manufactured under approved P.M.P. for providing warranty coverage or after sales service to their customers https://www.taxtmi.com/notifications?id=20815 Exemption allows import of components (including SKD/CKD packs) for manufacture of fuel-efficient motor cars up to 1000 cc from duty above 25% ad valorem and from additional customs duty, subject to certification of component lists by a senior Industrial Adviser, approval of an import programme by the Ministry of Industry, production of evidence to the Assistant Collector of Customs, provision of an undertaking to use and account for components with certified manufacturer extracts within prescribed periods, reimbursement of duty differential on breach, indigenisation certification, and mandatory fuel-efficiency certification valid for six months. Notifications Customs Tue, 01 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/notifications?id=20815