https://www.taxtmi.com/notifications?id=120388 The notification grants a re-import exemption for aircraft engines and specified parts, limiting customs duty and integrated tax relief to amounts in excess of the customs duty payable on the cost of repair (including material, labour, insurance and freight). It applies where parts fail abroad and are returned, where stand-by parts are returned unused, and where parts lent abroad by an Indian company are re-imported; the concession is subject to conditions and procedural requirements laid down by the Government and supersedes the earlier notification. en-us Fri, 30 Jun 2017 00:00:00 +0530 Fri, 28 Jul 2017 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=120388 The notification grants a re-import exemption for aircraft engines and specified parts, limiting customs duty and integrated tax relief to amounts in excess of the customs duty payable on the cost of repair (including material, labour, insurance and freight). It applies where parts fail abroad and are returned, where stand-by parts are returned unused, and where parts lent abroad by an Indian company are re-imported; the concession is subject to conditions and procedural requirements laid down by the Government and supersedes the earlier notification. Notifications Customs Fri, 30 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120388