Motor Cycles Imported in CKD condition – Exemption entitled - But what is CKD
IN an interesting decision the Authority For Advance Rulings held that the expression CKD in the context of motorcycles also includes parts in the form of identifiable basic sub assemblies, such as the engine assembly, the transmission assembly, the clutch assembly, the axle assembly, the body assembly, the exhaust pipe assembly, the fork assembly, the mirror assembly, the front wheel assembly, the head light assembly, the rear wheel assembly, the oil tank assembly, shock absorber assembly etc..”
The AAR passed this order yesterday and TIOL brings it to you today.