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TMI BlogCustoms (Import of Goods at Concessional Rate of Duty) Rules, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017. (2) They shall come into force on the 1st day of July, 2017. 2. Application. - (1) These rules shall apply to an importer, who intends to avail the benefit of an exemption notification issued under sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and where the benefit of such exemption is dependent upon the use of imported goods covered by that notification for the manufacture of any commodity or provision of output service. (2) These rules shall apply only in respect of such exemption notifications which provide for the observance of these rules. 3. Definition. - In these rules, unless the context otherwise requires, - (a) "Act" means the Custo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... output service. 5. Procedure to be followed. - (1) The importer who intends to avail the benefit of an exemption notification shall provide information - (a) in duplicate, to the Deputy Commissioner of Customs or, as the case may be, Assistant Commissioner of Customs having jurisdiction over the premises where the imported goods shall be put to use for manufacture of goods or for rendering output service, the estimated quantity and value of the goods to be imported, particulars of the exemption notification applicable on such import and the port of import in respect of a particular consignment for a period not exceeding one year; and (b) in one set, to the Deputy Commissioner of Customs or, as the case may be, Assistant Commissioner of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt Commissioner of Customs at the Custom Station of importation shall allow the benefit of the exemption notification to the importer who intends to avail the benefit of exemption notification. (6) Importer who intends to avail the benefit of an exemption notification to give information regarding receipt of imported goods and maintain records. - (1) The importer who intends to avail the benefit of an exemption notification shall provide the information of the receipt of the imported goods in his premises where goods shall be put to use for manufacture, within two days (excluding holidays, if any) of such receipt to the jurisdictional Customs Officer. (2) The importer who has availed the benefit of an exemption notification shall maintai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be put to use for manufacture of goods or for rendering output service: Provided that the value of such goods for re-export shall not be less than the value of the said goods at the time of import. (2) The importer who has availed benefit of an exemption notification, prescribing observance of these rules may also clear the unutilised or defective imported goods, with the permission of the jurisdictional Deputy Commissioner of Customs or, as the case may be, Assistant Commissioner of Customs having jurisdiction over the premises where the imported goods shall be put to use for manufacture of goods or for rendering output service, within a period of six months from the date of import on payment of import duty equal to the difference betwe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of the difference of duty that he is liable to pay. 8. References in any rule, notification, circular, instruction, standing order, trade notice or other order pursuance to the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules,1996 and any provision thereof or to the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2016 and any corresponding provisions thereof shall, be construed as reference to the Customs(Import of Goods at Concessional Rate of Duty) Rules, 2017. [F. No.450/28/2016-Cus IV] (Zubair Riaz) Director (Customs) Form [See rule 6(3)] QUARTERLY RETURN Return for the quarter ending_____ Sl. No. Bill of Entry No. and date De ..... X X X X Extracts X X X X X X X X Extracts X X X X
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