Notification 188/93-Cus extended exemption to 100% EOUs for ...

Customs duty exemption saga for aquaculture imports & exports despite conflicting notifications.

Case Laws Customs

November 4, 2024

Notification 188/93-Cus extended exemption to 100% EOUs for import of specified goods, including raw materials, for use in integrated aquaculture farms and export of farm products. Notification 183/93-Cus amended Notification 13/1981, appearing to restrict exemption for aquaculture units. However, Notification 188/93-Cus maintained exemption during the interim period till rescinded by Notification 196/1994. Clause 9 of Notification 196/1994 ensured seamless continuity of exemption granted under Notification 13/1981, including the interim period, rendering invocation of bank guarantees by Customs erroneous. Section 159A of Customs Act inapplicable due to contrary intention expressed in Notification 196/1994 regarding continuance of exemption benefits.

View Source

← Previous Next →

Notification 188/93-Cus extended exemption to 100% EOUs for ...

Customs duty exemption saga for aquaculture imports & exports despite conflicting notifications.

Case Laws Customs

November 4, 2024

You may also like:

Retrospective exemption granted from payment of any customs duty on import of "Rough diamonds (industrial or non-industrial)" for the period 1.7.2017 to 1.2.2022....

The appellants imported a helicopter (Model No.412-EP, Sr. No.36643 registered as VT-HGK) vide B/E No.397583 dated 26.12.2007. The exemption entry 347B of the N/N....

Exemption from IGST - Re-import of aircrafts and parts thereof after repairs - the meaning assigned to duty of customs, as discussed above, is the meaning assigned to...

Levy of customs duty on import of wheat - rate of duty increased from 20% to 30%

Notification No. 24/2024-Customs issued to amend specified customs tariff notifications to exempt applicable import duty on imports of desi chana (HS 0713 20 20) up to...

Levy of Penalty u/s 112 (a) and (b) and 114AA of the Customs Act, 1962 - Abetment in mis-declaration of goods and evasion of duty - The appellants were accused of being...

Duty Drawback - Advance Licences for Duty-free import of goods - drawback for 50% of FOB value - The benefit of Section 75 ibid namely the drawback should be allowed of...

Effective rates of customs duty and IGST for goods imported into India - Customs duty on import of Gold - Seeks to amend Notification No. 50/2017-Customs, dated the 30th...

Classification of imported goods - Wireless Access Points [WAP] - Imported WAP is a networking equipment working in LAN connecting Wi-fi enabled devices such as laptops,...

100% EOU - demand of customs duty on the raw material imported duty free - removal of finished goods in DTA without having any permission from the Development...

The appellant, a 100% Export Oriented Unit (EOU), imported goods and stored them in a licensed warehouse u/s 58 of the Customs Act, 1962. These goods were destroyed in a...

Notification 38/2024 Customs extends the duration for export of aircraft and vessels imported for maintenance, repair and overhauling from 6 months to 1 year, further...

100% EOU - Import of textile machinery without payment of duty - Failure to install the capital goods within stipulated time - since the impugned goods have been...

Duty demand - collection excess duty from customers on sale of import goods - duty under Section 11D of the Central Excise Act cannot be demanded on imported custom...

Exemption from Customs Duty: Notification amends notification No. 50/2017-Customs to insert new entries 544A and 613 in the Table, granting concessional 5% customs duty...

Quick Updates: