https://www.taxtmi.com/article/detailed?id=7508 The rules set a procedural regime for claiming customs duty exemptions tied to use of imported inputs: intent must be notified to the jurisdictional officer with manufacturer and goods details; estimated import particulars and port(s) must be furnished; a continuity bond undertaking payment of any differential duty plus interest is required; imported goods must be recorded and reported in quarterly returns; re-export or clearance of unutilized/defective goods within six months is permitted with permission and payment of differential duty; failure to comply enables bond invocation and recovery of duty with interest. en-us Sat, 15 Jul 2017 15:25:40 +0530 Sat, 15 Jul 2017 15:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7508 The rules set a procedural regime for claiming customs duty exemptions tied to use of imported inputs: intent must be notified to the jurisdictional officer with manufacturer and goods details; estimated import particulars and port(s) must be furnished; a continuity bond undertaking payment of any differential duty plus interest is required; imported goods must be recorded and reported in quarterly returns; re-export or clearance of unutilized/defective goods within six months is permitted with permission and payment of differential duty; failure to comply enables bond invocation and recovery of duty with interest. Articles Customs - Import - Export - SEZ Sat, 15 Jul 2017 15:25:40 +0530 https://www.taxtmi.com/article/detailed?id=7508