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

Components of Motor Vehicles in CKD and SKD Packs for Manufacture of Motor Vehicles of Engine Capacity not Exceeding 1000 CC excluding certain specified motor vehicles

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ing 1000 CC excluding certain specified motor vehicles Notification No. 231/92-Cus. Dated 26-6-1992 In 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 components of motor vehicles (including components of motor vehicles i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nocked down packs and completely, knocked down packs) which are covered by lists certified by an officer not below the rank of an Industrial Adviser or Additional Industrial Adviser in the Directorate General of Technical Development to be required for the manufacture of motor vehicles of engine capacity not exceeding 1000 cubic centimetres (excluding commercial motor vehicles, motor cars, three-w .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ustoms; (c) he shall produce the extract of such account duly certified by the manufacturer evidencing receipt of the said components in the premises of the place of manufacture within a period of 3 months or such extended period as the Assistant Collector of Customs may allow; and (d) he shall pay, on demand, in the event of his failure to comply with (a), (b) or (c) above, an amount equal to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... elopment). Explanation. - For the purpose of this notification, "fuel-efficient motor vehicles", means a petrol driven motor vehicle of engine capacity not exceeding 1,000 cubic centimetres (excluding commercial motor vehicles, motor cars, three-wheeled motor vehicles and two-wheeled motor vehicles) which runs not less than 19 kilometres per litre of petrol; and is certified accordingly by an of .....

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