9911796707
TMI BlogGoods (Other than Raw Materials) for the Manufacture of Components of Fuel-Efficient Motor CarsX X X X Extracts X X X X X X X X Extracts X X X X ..... so much of the duty of customs which is leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), as is in excess of the amount calculated at the rate of 40 per cent ad valorem; and (b) the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely :- (i) the exemption contained herein shall be applicable only to those goods (other than raw materials) 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 the said components for use in the manufacture of fuel-efficient mo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lopment showing the details of the degree of indigenisation required to be achieved under the aforesaid programme and the actual degree of indigenisation achieved in the preceding financial year and in a case where the degree of indigenisation achieved in the preceding financial year is lower than the degree as per the approved programme, the importer also produces a certificate from an Officer not below the rank of a Joint Secretary in the Ministry of Industry (Department of Industrial Development) certifying that the failure in achieving the required degree of indigenisation is on account of valid reasons to be recorded in writing and that such failure is marginal. TABLE Sl. No. Description of the components (1) (2) 1. Carburettors ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Industry (Department of Industrial Development) (certificate issued in this regard hereafter referred to as the fuel-efficiency certificate) on the basis of tests (hereafter referred to as the fuel-efficiency test) carried out by the Vehicle Research Development Establishment of the Ministry of Defence, Ahmednagar (Maharashtra) or the Automotive Research Association of India, Pune (Maharashtra), having regard to the following, namely :- (a) the fuel-efficiency test shall be conducted - (i) with a payload of 300 kilograms in the case of motor car of engine capacity not exceeding 800 cubic centimetres; (ii) with a payload of 300 kilograms in the case of motor car of engine capacity exceeding 800 cubic centimetres but not exceeding 1000 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
