https://www.taxtmi.com/notifications?id=130956 The amendment revises exemption entries to align lease/use imports with transactions in Schedule II of the CGST Act, inserts an exemption for ships/vessels used for cable laying or repair in Indian customs waters, and imposes conditions requiring a bond to secure payment of customs duty and integrated tax, an undertaking restricting home consumption and mandating use for the intended purpose, re-export of the vessel after service completion, and payment of integrated tax on breach; it also adds a specified entity to the eligible list. en-us Mon, 30 Sep 2019 00:00:00 +0530 Thu, 03 Oct 2019 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130956 The amendment revises exemption entries to align lease/use imports with transactions in Schedule II of the CGST Act, inserts an exemption for ships/vessels used for cable laying or repair in Indian customs waters, and imposes conditions requiring a bond to secure payment of customs duty and integrated tax, an undertaking restricting home consumption and mandating use for the intended purpose, re-export of the vessel after service completion, and payment of integrated tax on breach; it also adds a specified entity to the eligible list. Notifications Customs Mon, 30 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130956