https://www.taxtmi.com/article/detailed?id=6724 The 2016 Rules maintain the end use conditional concessional import framework while streamlining procedures: manufacturers must notify Central Excise of intent in duplicate (one copy to Customs), separate registration is not required if already registered, and Central Excise may demand bond or security. Post import obligations include prompt receipt intimation, specified accounts and quarterly returns. Unutilised or defective goods may be re exported or cleared domestically with permission, subject to value or payment of differential duty with interest. Misuse triggers recovery by invoking bonds plus interest. en-us Sat, 05 Mar 2016 10:34:28 +0530 Sat, 05 Mar 2016 10:34:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6724 The 2016 Rules maintain the end use conditional concessional import framework while streamlining procedures: manufacturers must notify Central Excise of intent in duplicate (one copy to Customs), separate registration is not required if already registered, and Central Excise may demand bond or security. Post import obligations include prompt receipt intimation, specified accounts and quarterly returns. Unutilised or defective goods may be re exported or cleared domestically with permission, subject to value or payment of differential duty with interest. Misuse triggers recovery by invoking bonds plus interest. Articles Budget - Tax Proposals Sat, 05 Mar 2016 10:34:28 +0530 https://www.taxtmi.com/article/detailed?id=6724