9911796707
TMI BlogEffective rate of duty on components imported by the manufacturers of fuel-efficient motor cars of engine capacity not exceeding 1000CC manufactured under approved P.M.P. for providing warranty coverage or after sales service to their customersX X X X Extracts X X X X X X X X Extracts X X X X ..... t, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts components (including components of fuel-efficient motor cars in semi-knocked down packs and completely knocked down packs), falling under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, for the manufacture of fuel-efficient motor car of engine capacity not exceeding 1000 cubic centimetres, from - (a) so much of that portion of the duty of customs leviable thereon which is specified in the said First Schedule, as is in excess of the amount calculated at the rate of 25 per cent ad valorem; and (b) the whole of the additional duty of customs leviable thereon under sec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ived and consumed in the place of manufacture for the aforesaid purpose shall be maintained in the manner specified by the Assistant Collector of Customs ; (c) he shall produce the extract of such account duly certified by the manufacturer evidencing receipt of the said component parts 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 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; and (iv) the impor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... est shall-be conducted with a payload of 300 kilograms ; (b) the fuel-efficiency test shall be conducted using petrol having an octane level not exceeding 87 ; (c) the fuel-efficiency test shall be carried out on a selected level test track at a steady speed of 50 kilometres per hour for a minimum stretch of one kilometre and the average of 20 runs, comprising of 10 runs in each direction, shall be taken for carrying out the test and the test figures shall be corrected to sea level altitude and to +25°C ambient temperature ; and (d) the fuel-efficiency test shall be conducted on five motor cars selected at random by the testing agency from the production plant and the lowest of the test figures shall be relevant for the purpose of iss ..... X X X X Extracts X X X X X X X X Extracts X X X X
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