Concessional Rate of Duty Restricted only for Instruments/Appliances required for Medical, Surgical, Dental or Veterinary Use
THE Central Government has amended Notification 21/2002-Cus restricting applicability of concessional rate of duty only to goods required for medical, surgical, dental or veterinary use by substituting the contents of S. No. 357A thereof. For the purposes of this exemption, the term ‘Goods' refers to medical instruments/ appliances required for medical, surgical, dental or veterinary use only and does not refer to parts and spares thereof.
Prior to this amendment, S. No. 357A read as follows:
357A | 9018, | Goods required for medical, | 5% | - | - |
It may be noted that S. No. 357B already provides for exemption of parts required for the manufacture of goods at S. No. 357A and accessories of the goods at S. No. 357A, provided the importer follows the procedure set out in the Customs IGCRDMEG Rules, 1996.
The proposed change stipulates that the concessional rate will be applicable only if the goods are instruments/appliances required for medical, surgical, dental or veterinary use and not for parts and spares thereof, whereas hitherto, the concessional rate was applicable for all goods required for medical, surgical, dental or veterinary use and falling under Chapters 9018, 9019, 9020, 9021 or 9022 including spares, parts and accessories thereof.
Hereafter parts and accessories required for these instruments/appliances can be imported at concessional rate only by a manufacturer who follows IGCRDMEG Rules, 1996 and not by any importer.
Notification No. , Dated: April 01, 2010