Customs - Exemption for goods imported under Advance Authorisation

By Vijay Kumar

GOVERNMENT has exempted materials imported into India against an Advance Authorisation issued in terms of paragraph 4.1.3 of the Foreign Trade Policy meant for export of a prohibited item in terms of paragraph 4.4.1 (b) of the Handbook of Procedures Volume 1 from the whole of the duty of customs and from the whole of the additional duty, safeguard duty and anti-dumping duty leviable thereon, subject to certain conditions

Notification No.01/2014-Customs, Dated: January 17, 2014