Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Imports against an advance customs clearance permit

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rs conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods imported into India, against an Advance Customs Clearance Permit (hereinafter referred to as the said permit) issued on or before 31st March, 1995 under para 58 of the Export and Import Policy 1 April .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... der the said permit; (iv) that where the goods are in the nature of patterns, drawings, jigs, tools, fixtures, moulds, tackles and instruments, such goods are re-exported along with the resultant products within the time allowed for discharge of export obligation under the said permit: Provided that such goods may be allowed to be retained subject to payment of customs duties leviable as o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... igs, tools, fixtures, moulds, tackles, instruments and computer hardware and software, as are directly related to export order and supplied free of cost by the foreign buyer. -------------------------------------- Notes:- (As amended by Notification No. 291/92 dated 30/10/1992, 140/93 dated 18/6/1993 and 82/95 dated 31/3/1995) 1. Substituted vide Not. 26/2017 - D .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates