https://www.taxtmi.com/news?id=15216 The Government expanded indirect tax incentives for the domestic shipbuilding industry by exempting customs and central excise duties on all raw materials and parts for ship manufacture, allowing Export Oriented Units to claim input exemptions for vessels cleared to the domestic tariff area even if those vessels are duty-exempt, and replacing the custom bonded warehouse requirement under Section 65 of the Customs Act with actual user conditions for entitlement to the exemptions. en-us Thu, 26 Nov 2015 13:05:23 +0530 Thu, 26 Nov 2015 13:05:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15216 The Government expanded indirect tax incentives for the domestic shipbuilding industry by exempting customs and central excise duties on all raw materials and parts for ship manufacture, allowing Export Oriented Units to claim input exemptions for vessels cleared to the domestic tariff area even if those vessels are duty-exempt, and replacing the custom bonded warehouse requirement under Section 65 of the Customs Act with actual user conditions for entitlement to the exemptions. News - Thu, 26 Nov 2015 13:05:23 +0530 https://www.taxtmi.com/news?id=15216