https://www.taxtmi.com/notifications?id=21520 The Central Government exempts colour jumbo films under Chapter 37 imported for processing into colour cine films from customs duty to the extent it exceeds 50% ad valorem, under section 25(1) of the Customs Act, 1962. The exemption requires an importer undertaking that the films will be used for the specified processing and a commitment to pay, on demand, the difference between the duty otherwise leviable and the duty paid at importation if that undertaking is breached. en-us Mon, 28 Apr 1986 00:00:00 +0530 Thu, 03 Sep 2009 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21520 The Central Government exempts colour jumbo films under Chapter 37 imported for processing into colour cine films from customs duty to the extent it exceeds 50% ad valorem, under section 25(1) of the Customs Act, 1962. The exemption requires an importer undertaking that the films will be used for the specified processing and a commitment to pay, on demand, the difference between the duty otherwise leviable and the duty paid at importation if that undertaking is breached. Notifications Customs Mon, 28 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21520