https://www.taxtmi.com/notifications?id=21493 The substituted condition requires the importer to undertake that the imported components will be used for the specified purpose, that a record of components received and consumed at the place of manufacture will be maintained as directed by the Assistant Collector of Customs, and that a manufacturer certified extract evidencing receipt at the manufacturing premises will be produced within three months or any extended period allowed. The undertaking further admits liability to pay, on demand, the difference between duty leviable but for the exemption and duty already paid if the importer fails to comply with these requirements. en-us Mon, 28 Apr 1986 00:00:00 +0530 Thu, 03 Sep 2009 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21493 The substituted condition requires the importer to undertake that the imported components will be used for the specified purpose, that a record of components received and consumed at the place of manufacture will be maintained as directed by the Assistant Collector of Customs, and that a manufacturer certified extract evidencing receipt at the manufacturing premises will be produced within three months or any extended period allowed. The undertaking further admits liability to pay, on demand, the difference between duty leviable but for the exemption and duty already paid if the importer fails to comply with these requirements. Notifications Customs Mon, 28 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21493