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

Exemption to specified goods manufactured in Nepal and imported into India subject to specified conditions

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n exercise of the powers 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 the goods manufactured in Nepal containing Nepalese labour content, Nepalese material content and Indian material content, the sum total of which, in terms of value, is not less than 5 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to the following goods, namely :- 1. Alcoholic Liquors or Beverages and their concentrates except industrial spirits. 2. Soft drinks, with non-Nepalese or non-Indian brand names. 3. Perfumes and cosmetics, with non-Nepalese or non-Indian brand names. 4. Cigarettes and Tobacco. 5. Precious stones. 6. Synthetic or Blended yarn and Fabrics (unless the fibre or yarn is imported from India) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al content : % Total : % NOTE : The above percentage shall be calculated on the ex-factory value of the goods. 10. Declaration by the exporter : The undersigned hereby declares that the details furnished above are correct, that the articles were produced in Nepal and that they comply with the Rules of Origin specified in the Treaty of Trade between His Majesty's Government of Nepal an .....

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