Exemptions on import of various goods and inputs for specified ...

Exemptions on imports for R&D, manufacturing, renewables, exports. Concessional duties on artwork, samples. Extension of exemptions till 2026. Some exemptions to lapse in 2024.

July 25, 2024

Circulars Customs

Exemptions on import of various goods and inputs for specified purposes such as research and development, manufacture of specified products like fertilizers, pharmaceuticals, electronics, renewable energy equipment, aircraft and ship components, medical equipment, and exports. Concessional duties on imports like artwork, antiques, samples for instructional use. Extension of existing exemptions related to manufacture of electronics, renewable energy, aircraft/ship components, medical devices, export promotion until 31.03.2026. Certain exemptions to lapse on 30.09.2024 including for specified inputs, second-hand computers for donation, exemption from special additional duty. Removal of end-date for exemptions like on additional duty on specified goods, specimens for instruction.

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Exemptions on import of various goods and inputs for specified ...

Exemptions on imports for R&D, manufacturing, renewables, exports. Concessional duties on artwork, samples. Extension of exemptions till 2026. Some exemptions to lapse in 2024.

July 25, 2024

Circulars Customs

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