https://www.taxtmi.com/notifications?id=21267 Exemption limits customs duty on imported raw materials and components for manufacture of goods to be supplied to designated oil sector purchasers to the amount calculated at 25 per cent ad valorem and exempts the additional duty under section 3, subject to conditions: import under a licensed canalising agency with specified endorsements on description, quality, value and quantities; execution of a bond securing payment of duty differences if materials are not used as authorised; and production of evidence satisfactory to the licensing authority to discharge customs liability and licence obligations. en-us Tue, 30 Dec 1986 00:00:00 +0530 Wed, 02 Sep 2009 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21267 Exemption limits customs duty on imported raw materials and components for manufacture of goods to be supplied to designated oil sector purchasers to the amount calculated at 25 per cent ad valorem and exempts the additional duty under section 3, subject to conditions: import under a licensed canalising agency with specified endorsements on description, quality, value and quantities; execution of a bond securing payment of duty differences if materials are not used as authorised; and production of evidence satisfactory to the licensing authority to discharge customs liability and licence obligations. Notifications Customs Tue, 30 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21267