TMI BlogComponents for the Manufacture of Fuel Efficient Light Commercial Motor Vehicles of Pay-Load not Exceeding 4000 KilogramsX X X X Extracts X X X X X X X X Extracts X X X X ..... icles 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 in this notification shall be applicable only to those components of light commercial motor vehicles (including components of light commercial ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ex emption contained herein and that already paid at the time of importation. 2. The exemption contained in this notification shall be applicable, only to those components of light commercial motor vehicles (including components of light commercial motor vehicles in semi-knocked down packs and completely knocked down packs) required for the manufacture of light commercial motor vehicles which are certified to be fuel efficient light commercial motor vehicles by an officer not below ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rd 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 fol lowing 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. 200 kgs. (iii) 4000 kgs. and above but below 6000 kgs. 400 kgs. (c) the fuel efficiency test shall be conducted using diesel having octane level of 42; (d) the fuel efficiency test shall be carried out on a selected level of test track at a steady speed of 40, 50 and 60 kilometres per hour as specifi ..... X X X X Extracts X X X X X X X X Extracts X X X X
|