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TMI BlogComponents for the Manufacture of fuel efficient light commercial motor vehicles of pay-load not exceeding 4000 Kilograms employing indirect injection (IDI) EnginesX X X X Extracts X X X X X X X X Extracts X X X X ..... nt light com mercial motor vehicles employing indirect injection (IDI) engines (including components of such fuel efficient light commercial motor vehicles in semi-knocked down packs and completely knocked down packs) required for the manufacture of such fuel efficient light commercial motor vehicles of pay-load not exceeding 4,000 kilograms, from- (a) 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 20 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 i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the extract of such account duly certified by the manufacturer evidencing receipt of the said components in the premises or the place of manufacture within a period of three 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 the difference between the duty leviable on such quantity, of the said imported goods but for the exemption contained herein and that already paid at the time of importation. 2. Where an importer is entitled for exemption under this notification but is not able to produce a fuel efficiency certificate at the time of importation such importer shall undertake to the Assista ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rated GVW or the payload of the vehicle as specified in the Table regardless whether it is used for passenger transport or goods transport, (b) the vehicle shall be tested with cab and body as follows : (i) the vehicle shall be tested with the standard cab only produced by the manufacturer; and (ii) the vehicle shall be tested with the body used by the manufacturer as standard fitment; and (iii) where the vehicle is not having standard production of body or is having more than one version of standard production of body the following allowances shall be applied :- Allowances in Weight GVW Range Body Wt. (i) Below 3000 kgs. 120 kgs. (ii) 3000 kgs. and above but below 4000 kgs ..... X X X X Extracts X X X X X X X X Extracts X X X X
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