DC/AC variable speed drives: suspended import authorization; input proportions and net+2% wastage must be demonstrated for export use. The policy suspends authorization for DC/AC variable speed drives and speed control drives and treats them, together with display types, as covered electronic products subject to a net + 2% wastage allowance. It mandates determination of permissible input proportions for manufacture of resultant products and conditions import approvals on applicants ensuring that imported goods are those used or required in the declared export product, with applicants responsible for demonstrating actual use of inputs in export production.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
DC/AC variable speed drives: suspended import authorization; input proportions and net+2% wastage must be demonstrated for export use.
The policy suspends authorization for DC/AC variable speed drives and speed control drives and treats them, together with display types, as covered electronic products subject to a net + 2% wastage allowance. It mandates determination of permissible input proportions for manufacture of resultant products and conditions import approvals on applicants ensuring that imported goods are those used or required in the declared export product, with applicants responsible for demonstrating actual use of inputs in export production.
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