Assembly of 'White Goods' on import through different parts

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....on, many of the parts and components of machineries and house-hold appliances including items such as televisions, music systems, etc., have been allowed for import without import licence though the equipment itself is not yet allowed for import or is allowable under Special Import Licence. In addition, the import duty on the complete built unit is higher than the import duty on the components. A ....

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....the units have not only evaded paying higher customs duty, but also have resultantly declared less assessable value of the finished goods for Central Excise duty. 3. The Customs Wing had issued a Circular vide F.No. 528/128/97-Cus. (TU) dated 5.12.97 wherein they have taken the view that unless some major components are locally manufactured or indigenously sourced, the other components when impo....