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Duty
Exemptions for Export Industries |
 |
| |
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Conditional exemption from Customs duty on import of raw materials,
components and goods
SRO-555(I)/98 dated 12.6.98 (as amended by SRO-733(I)/99 dt: 12.6.99) allows
reduced rate of Customs duty on import of a number of raw materials and
components, not manufactured locally, on certain conditions. The description
of manufactured goods and of the raw materials and components allowed under
this SRO, at reduced duty rates, are given in Table I to the SRO. The manufactured
goods that have export potential, are extracted in the shortened table below,
followed by the conditions with reference to Table I:
|
| TABLE-I |
| S. No:as in SRO-733 |
Description of goods to be manufactured |
Description of the raw materials and components |
PCT Heading or sub-heading Nos. |
Rate of duty – ad val. |
| 1 |
2 |
3 |
4 |
5 |
| 5 |
Bus and Truck (lorry) tyres |
- Stearic acid-Resins(ABS copolymers) |
3823. 1100 |
20% |
| |
|
|
3903. 9000 |
20% |
| |
|
-Paraffin wax |
2712. 2000 |
20% |
| |
|
-Petroleum waxes |
2712. 9000 |
20% |
| 6 |
Engineering goods |
-Non-alloy (carbon) steel plates |
72.08 |
20% |
| |
|
-Non-alloy (carbon) steel section, bars and rods |
72.14 |
20% |
| |
|
-Stainless steel sheets of 4.75mm thickness and above, whether or
not annealed. |
72.15 |
20% |
| |
|
-Alloy steel bars, rods and sections.-Jewelers hand saw blades and
glass cutters |
72.16 |
20% |
| |
|
|
7219.2200 |
20% |
| |
|
|
72.28 |
|
| |
|
|
82.02 |
|
| 7 |
Footwear |
-PU paints-Release Agents |
3208.9000 |
10% |
| |
|
-Wax Cream-Shoe Adhesives |
3403.1900 |
10% |
| |
|
-Hot melt materials-Desmodur RE-Polyol |
3405.1000 |
10% |
| |
|
-Toe Puff Material |
3506.9100 |
10% |
| |
|
-Thermoplastic Rubber-Fibre Board-Insole board |
3506.9900 |
10% |
| |
|
-Combrelle Lining Material |
3824.9099 |
10% |
| |
|
-Shoe Reinforcement Tapes |
3907.2000 |
10% |
| |
|
-Rubber Master Batch |
3921.9000 |
10% |
| |
|
- Finished Leather |
4005.1000 |
10% |
| |
|
|
4411.3900 |
10% |
| |
|
|
5603.1300 |
10% |
| |
|
|
5603.1400 |
10% |
| |
|
|
5906.1000 |
10% |
| |
|
|
3204.1700 |
10% |
| |
|
|
Respective |
10% |
| |
|
|
|
10% |
| 11 |
Safety razor blades |
Precision steel |
7212.2000 |
10% |
| 15 |
Toilet soap |
-Palm kernel Oil |
1513.2110 |
25% |
| |
|
-Coconut oil |
Respective |
25% |
| |
|
-Cresylic acid |
2707.6010 |
10% |
| |
|
-Pigments and dry colors |
3204.1900 |
10% |
| |
|
-Surface active agents |
Respective |
10% |
| |
|
-Activated bleaching earth |
Respective |
10% |
| |
|
-Mixture of odoriferous substances |
3302.9090 |
10% |
| 16 |
Dry battery cells |
-Natural Manganese dioxide |
2530.9020 |
5% |
| |
|
-Acetylene black |
2803.9010 |
5% |
| |
|
-Electrolytic Manganese dioxide |
2820.9000 |
5% |
| |
|
-Ammonium chloride |
2827.1000 |
5% |
| |
|
-Zinc Chloride |
2827.3600 |
5% |
| |
|
-Mercuric chloride |
2827.3910 |
5% |
| |
|
-Carbon rods |
8545.9020 |
5% |
| |
|
-Brass caps |
8506.9010 |
5% |
| |
|
-Zinc slugs |
7907.0010 |
5% |
| |
|
-Electrolytic paper |
4811.9010 |
5% |
| 17 |
Printing Ink |
-Organic pigments |
32.04/3205/32.06/32.07/32.11 |
10% |
| |
|
-Inorganic pigments |
34.04 |
10% |
| |
|
-Driers |
3908.9000 |
10% |
| |
|
-Waxes |
3912.2000 |
10% |
| |
|
-Resins |
39.02 |
10% |
| 18 |
Vacuum Flask |
-Polypropylene |
3902.1000 |
5% |
| |
|
-ABS resin |
3903.3010 |
5% |
| |
|
-Silicon |
3910.0000 |
5% |
| |
|
-Electrolytic Tin plate |
Respective |
5% |
| 22 |
Shoe polishes |
-Turpentine oil |
Respective headings |
10% |
| |
|
-Waxes |
|
|
| |
|
-Abrasives |
|
|
| |
|
-Other raw materials |
|
|
| 23 |
Articles of stationary |
-Raw materials |
Respective headings |
5% |
| |
|
- Parts and Components |
|
|
| 24 |
Television sets(effective upto 30.06.01) |
-Raw materials |
Respective |
5% |
| |
|
-Picture tube (color/Black & White) |
8540.1100 |
5% |
| |
|
-Deflection yoke |
8540.1200 |
|
| |
|
-Tuner |
8540.9100 |
5% |
| |
|
-Transformers |
8529.9090 |
5% |
| |
|
-Front and back cover-Other sub-components, components, modules
and sub-assemblies |
8504.3100 |
5% |
| |
|
|
8529.9090 |
5% |
| |
|
|
Respective |
5% |
| 27 |
Polyester resins |
Isopthalic Acid (IPA) |
2917.3900 |
15% |
| 26 |
Shampoo |
-Perfume |
3302.9090 |
25% |
| |
|
-Pearlizar (in bulk) |
34.02 |
25% |
| |
|
-Sodium lauryl |
34.0234.0234.02 |
25% |
| |
|
-Ether (in bulk) |
|
25% |
| |
|
-CAPB (cocoa mido propyle betane) (in bulk) |
|
25% |
| 32 |
Ball bearing & Tapered roller bearing |
Raw materials, sub-components and components |
Respective |
5% |
|
The conditions with reference to Table I above are –
(1) The manufacturer has suitable in-house facilities for
manufacture.
(2) The manufacturer furnishes to the Chief (Duty Drawback
System) in the CBR the list of goods that he is manufacturing alongwith
the details of raw materials and components required. The Chief (DDS),
in consultation with the Collector of Customs, will certify the annual capacity
of the unit and its total requirements of the raw materials and components.
(3) The manufacturer furnishes a Bank Guarantee, or Indemnity
Bond alongwith a post dated cheque, covering the exempted duty, to the effect
that he will abide by the conditions of SRO-555/98.
(4) The manufacturer gives an account of the consumption
of imported inputs, within one year of the import
|
Raw Materials Importable at Reduced Duty
Table II under SRO-555/98 lists a number of raw materials and goods which
are importable at reduced Customs duty. Those raw materials /goods which
may be used by export industries are extracted in the shortened Table below
together with the conditions of import:
|
| TABLE-II |
| * as in SRO-733/99 S. No:* |
Description of goods to be manufactured |
Heading/sub Headings Nos. |
Rate of dutyad val. |
Conditions of import |
| 1 |
2 |
3 |
4 |
5 |
| 12 |
Polyester resins and chips (only filament/ yarn grade polyethylene
trephalate P. E. T. |
3907.6000 |
20% |
If imported by manufacturers of polyester fibre or yarn for the
manufacture of polyester fiber or yarn |
| 14 |
Any substance registered as a drug under the Drugs Act, 1976 (XXXI
of 1976), excluding the following:- |
Respective headings |
10% |
|
| |
(i) Filled infusion solution bags imported with or without
infusion giving sets |
Respective |
10% |
|
| |
(ii) Scrub (Washing prepara-tion) |
|
|
|
| |
(iii) Soft soap |
|
|
|
| |
(iv) Adhesive plaster |
|
|
|
| |
(v) Surgical tape |
|
|
|
| |
(vi) Liquid paraffin |
|
|
|
| |
(vii) Savlon (Disinfectant) |
|
|
|
| |
(viii) Glorapel (Shampoo) |
|
|
|
| |
(ix) Absorbent cotton wool |
|
|
|
| 17 |
Silver |
71.06 |
$2.00 per kg |
If imported by companies specifically registered and authorized
for the purpose by Ministry of Commerce and the import duty is realized
in foreign exchange. |
| 5. |
(i) Gold |
71.08 |
$1.00 per 11.664 gms |
If imported by companies specifically registered and authorised
for the purpose by Ministry of Commerce and the import duty is realized
in foreign exchange. |
| |
(ii) Gold |
71.08 |
5% |
If brought by Pakistani passengers, upto one kg, under the personal
baggage scheme, with six months stay abroad and duty is realized in
foreign exchange. |
| 28 |
Live animals |
Respective |
0% |
If imported against bank guarantee for export of packed meat/beef
equal to 40% of the gross weight of the live animals and if foreign
exchange spent on the import of animals is recovered atleast in full
by export of meat only. |
| 29 |
Whole chilies |
09.04 |
0% |
If imported by processors-cum-exporters against bank guarantee for
re-export after value-addition. |
| 30 |
Pulses |
07.13 |
0% |
If imported by processors-cum-exporters against Bank Guarantee for
re-export after value-addition |
| 31 |
Raw sugar |
1701.1100 |
0% |
If imported against Bank Guarantee for re-export after refining
equal to the quantity imported. |
| |
|
1701.1200 |
|
|
| 56 |
Polyester |
54.02 |
25% |
|
| |
filament yarn |
|
|
|
| 60 |
Baby shrimp |
0306.1310 |
0% |
|
| 61 |
Shrimp meals used in shrimp feeding |
2309.9000 |
0% |
|
| 62 |
Diamonds |
7102.1000 |
2% |
|
| |
|
7102.3100 |
|
|
| |
|
7102.3900 |
|
|
| 63 |
Rough |
7103.1000 |
2% |
|
| |
gemstones |
|
|
|
|
Cascaded Import Tariffs on raw materials, sub-components
and components for manufacture of machinery and equipment
Under SRO-501(I)/94 dated 9.6.94, on a number of raw materials, sub-components
and components, excluding circuit breakers and thermostat as are not manufactured
locally, imported for the manufacture of machinery and agricultural equipment,
specified in Table I to SRO-501/94, cascaded import tariffs are applied
as in Table III below:
|
| TABLE III |
| S.No |
Inputs |
Rate of Duty |
| 1. |
Raw materials |
10% |
| 2. |
Sub-components |
15% |
| 3. |
Components |
25% |
|
Customs Duty Exemption for import of raw materials, sub-components
and components for manufacture of goods meant primarily for export
SRO-499(I)/95 dated 14.6.95, exempts from whole of Customs duty, the import
of raw materials, sub-components and components, as are not manufactured
locally, and are imported for use in the manufacture of following goods
meant primarily for export or supply to industrial units, projects and agencies
entitled to import them at concessionary rates:-
(01) Chemicals plants
(02) Fertilizer plants
(03) Heat exchangers
(04) Surgical goods industry
(05) Sports goods industry
(06) Stuffed toy industry
(07) (a) items listed in Table I to SRO-501(I)/94
dated 9.6.94 (see para …..)
(b) items listed in Table I to SRO-504(I)/94 dated 9.6.94
(These are raw materials, sub-components and components for manufacture
of electrical and electronic household appliances and are dutiable, under
SRO-504/94, at 5% for raw materials and at 10% for sub-components and components
but duty-free under SRO-499/95)
(c) items listed in the Table to SRO-505(I)/95 dated 14.6.95
(These are specified materials, components, modules and sub-assemblies,
if imported for manufacture of specified electronic equipment and systems
approved by government and are dutiable at cascaded tariffs at 10% for materials
at 15% for components and at 25% for modules and sub-assemblies, under SRO-505/95,
but are duty-free under SRO-499/95)
(d) items listed in SRO-24(I)/96 dated 8.1.96 (These are
raw materials, sub-components, and components, if imported for manufacture
of components and sub-assemblies of automotive vehicles and automotive battery
meant for sale or in-house use, and are dutiable at 0% to 25% under SRO-24/96,
but duty-free under SRO-499/95)
(08) Marble processing industry
(09) Steel pipes/tubes industry
|
Duty reduction on import of raw materials by certain industries
SRO-601(I)/83 dated 11.6.83, allows import of raw materials, excluding artificial
plastic resins and mild steel bars and rods, by specified industries, at
the reduced Customs tariff of 10%. The industries covered in this duty reduction
are those which manufacture the following articles:
(01)
Electrical wires, cables and conductors, other than domestic type
(02)
Bolts nuts and screws
(03) Tubing for transformers
(04) Wire rope
(05) Welding electrodes
(06) Wire rod
(07) Solder wire
(08) Tubes and pipes of iron and steel of an internal diameter
of 200mm and above
(09) Circuit breakers
(10)
Compressed or liquefied gas cylinders
(11)
Grinding wheels
The import at concessionary duty is subject to the condition that the manufacturer
has suitable in-house facilities to manufacture articles listed above and
furnishes to the Customs an account of the goods imported with a Bank Guarantee,
or Indemnity Bond alongwith post dated cheque, for the Customs duty leviable
in excess of 10%.
|
Customs duty concession on raw materials for manufacture
of Pharmaceutical Products,
SRO-dated 10.07.2000 provides for reduced Customs duty at 10% on the import
of a large number of raw materials for manufacture of pharmaceutical products,
but not for raw materials and packing materials for repacking of drugs.
These raw materials are listed in
Table I in SRO-together with record keeping requirements and procedures.
The condition is that the manufacturer is approved by the Director General
Health, Government of Pakistan, under the Drugs Act 1976 for manufacture
of pharmaceutical products registered as drugs under the Drugs Act 1976.
|
Customs duty concession on import of raw materials for
manufacture of drugs
SRO-dated 10.08.2000, also allows concessionary Customs tariff of 10% on
the import of specified raw materials and packing materials, for the manufacture
of drugs registered under the Drugs Act 1976. These materials are listed
in the Table II in the SRO- together with the applicable conditions.
|
Customs duty concession in import of raw
materials for basic manufacture of pharmaceutical active ingredients
SRO- (I)/2000 dated 10.08.2000, further allows concessionary Customs tariff
of 10% on the import of raw materials for the basic manufacture of the pharmaceutical
active ingredients. The raw materials and the pharmaceutical active ingredients
to be manufactured are listed in the Table III in SRO- /2000, together
with requirements of annual capacity survey, certification of annual requirements
and other applicable procedures.
|
Customs duty concession on import of machinery, equipment
and tools for manufacture of Jewellery.
SRO-311(I)/89 dated 10.4.89, (App:3.9) allows concessionary Customs tariff
of 20% on import of machinery, equipment and tools, listed in the Table
in SRO-311/89 (App:3.9). The condition is that the import is for the manufacture
of jewellery by a manufacturer registered with the Export Promotion Bureau
as an exporter of jewellery (Also see Section on gems and jewellery in Chapter
3.)
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Concessionary duty on import of materials and machinery
and equipment for manufacture of costume/artificial jewellery.
SRO-419(I)/94 dated 13.5.94 which allowed a reduced concessionary duty of
20% on import of specified goods required for the manufacture of costume
jewellery and artificial jewellery has been rescinded vide SRO-376(I)/2000,
dt 17-06-2000 but, “Machinery and Equipment for manufacture of costume
jewellery” has been included in SRO-311(I)/89 dt 10-04-89 (see para 10.10).
|
Duty Concessions on import of components for manufacture
of vehicles, machinery and equipment
SRO-502(I)/94 dated 9.6.94 (App:10.1), allows concessionary rates of duty
on the import of components for manufacture of specified tractors, vehicles
and agricultural machinery, listed in the Table in SRO-502/94. The conditions
for such concessionary duty are :-
(1) The components
are in such knocked down condition as approved by Government for each specified
vehicle;
(2) The manufacture has suitable in-house
facilities for progressive manufacture and assembly of vehicles, machinery
and equipment;
(3) The manufacture has to provide to
the Chief (Duty Drawback System), CBR , a list of vehicles, machinery and
equipment that he is manufacturing and the annual manufacturing capacity
of the unit alongwith the quantity of components required.
(4)
The manufacturer has to chalk out a deletion programme spreading over maximum
five years in which he will achieve minimum deletion to the extent of 75%
of the C&F value of inputs and the continued availability of duty exemption
is contingent upon the achievement of progressive annual deletion as approved
by CBR and Ministry of Industries;
(5) At the time
of import, the manufacturer furnishes to the Customs an Indemnity Bond and
post dated cheque for the amount of Customs duties exempted;
(6)
The manufacture has to maintain a record of components and the goods manufactured
out of them. Within one year of the date of import of components, the manufacturer
will apply for the discharge of the Indemnity Bond.
|
10.13 Duty concession on import of machinery for initial
installation/BMR of specific industries.
SRO-507(I)/94 dated 9.6.94, (App:10.2) allows concessionary import duty
of 10% on the import of machinery, not produced locally, for specified industries
listed in Tables I and II in SRO-507/94. These are all export industries,
but export is not a condition. The concessionary tariff has the following
conditions –
(1) The import is for the purpose of
initial installation, balancing, modernization, replacement and expansion
in the case of Table I, and only for BMR in the case of Table II.
(2)
At the time of import, the importer furnishes an Indemnity Bond for the
Customs Duty exempted.
(3) The Indemnity Bond is discharged
on production of installation certificate, within one year of the import.
|
Customs duty exemption on raw materials and components
for manufacture of machinery equipment and vehicles supplied against international
tenders
SRO-671(I)/94 dated 3.7.94 allows exemption from Customs duty on raw materials
and components, not manufactured locally, and are imported for manufacture
of machinery, equipment, vehicles and intermediary or capital goods to be
supplied against international tenders to projects financed by international
loan or aid giving agencies.
|
The duty exemption is subject to the following conditions:
(1) The importer-cum-manufacturer has suitable in-house
facilities for manufacture.
(2) The importer has to
declare on the Bill of Entry that the imports are in accordance with SRO-671/94,
supported by a certificate of entitlement from the Chief (Duty Drawbacks
System).
(3) An Indemnity Bond alongwith post-dated
cheque is provided, and it’s charged arranged within one year of import.
Duty concession on import of materials and components imported for manufacture
of specified electronic equipments and systems.
SRO-505(I)/95 dated
14.6.95 provides for cascaded tariffs on import of materials, components,
modules and sub-assemblies, not manufactured locally, if imported for the
manufacture of electronic equipments and systems specified in Table I to
SRO-505/95.
The applicable tariffs are 10% for materials, 15% for components
and 25% for modules and sub-assemblies.
|
The duty concessions under SRO-505/95 are subject to the
following conditions:-
(1) The components are in approved knocked down condition.
(2) The manufacturer has suitable in-house facilities for
manufacturer.
(3) The manufacturer furnishes to the
Chief (Duty Drawbacks System) in the CBR to the effect that the imports
are for manufacture in accordance with SRO-505/95 and also provides a recommendation
from the Ministry of Science and Technology or an authorized officer who,
in consultation with the Customs certify the annual capacity of the unit
(4) The manufacturer furnishes to the Customs a Bank
Guarantee or an Indemnity Bond alongwith post-dated cheque, equal to the
duty exempted.
(5) The manufacturer keeps full record
of input or output goods.
|
Duty concession on import of plant machinery and equipment
by specified industries
SRO-369(I)/2000 dated 17.6.2000 (App:10.3) which supersedes SROs 25,26 and
27 all dated 17.1.98, allows the import of plant, machinery and equipment,
not manufactured locally for-
(a) Hi-tech specified
in Table I of SRO-369, at zero Customs Duty and
(b)
Priority industries or agro-based industries specified in Table II of SRO
369/00, at the reduced Customs duty of 10%. The industries covered for this
reduced duty concession are engineering/capital goods, chemicals, certain
others and agro-based industries like poultry livestock complex, milk processing,
fruits vegetables and flowers
Duty exemption on plant and machinery for value-added and export industries
SRO-369(I)/2000 dated 17.6.2000 (App:10.3)allows Customs Duty exemption
on import of plant, machinery and equipment by value-added or export industries.
The industries covered are listed in the Table III to SRO-369/00 which includes
leather textiles, footwear, surgical and sports goods, carpets, toys seafood,
frozen concentrated citrus juices, and mining or value-added mineral processing.
Any other industry not included in the Table III is also entitled to duty-free
import of plant and machinery if the other conditions are fulfilled.
|
The conditions for duty exemptions are –
(a) The industrial unit either exports annually minimum
average 50% of its production in the first 10 years or attains a minimum
value-addition of 40% of production value as determined by a committee of
the Engineering Development Board, National Tariff Commission, Central Board
of Revenue, Board of Investment and Ministry of Industries.
(b)
The importer has to declare that the import of plant, machinery and equipment
is according to the SRO and will be used for manufacturing in the industry.
(c) An Indemnity Bond is provided for the amount of Customs
duty exemption. The bond is discharged upon installation of the machinery
within one year of import.
|
Duty exemption for machinery and equipment for subsequent
exportation
SRO-552(I)/98 dated 12.6.98 (App:10.5) allows exemption of Customs duty
for goods imported into Pakistan with a view to subsequent exportation,
subject to specified conditions given in the Table to SRO-552/98. The export-related
entries in the aforesaid Table are extracted in a shortened Table reproduced
below:
|
| TABLE |
| Sr. # |
Description of goods |
Condition of import |
| (1) |
(2) |
(3) |
| 1. |
(i) Packing material used or required to be used as external or
internal covering of goods, or as holders on which goods are rolled,
wound or attached. |
If such material do not change their original shape or form (packing
materials such as straw, paper, paper cones, glass, wool and like
materials are excluded). Packing material if imported filled, it
may be re0-exported empty, and if imported empty it may be re-exported
filled subject to furnishing a bank guarantee. |
| |
(ii) Machinery and equipment for repair |
Requests for the import of goods for testing and repair by the organizations
operating in Public Sector, shall be payable on goods which are burnt
or destroyed during the process of repair provided a certificate is
issued by the concerned Ministry to the effect that burning or destruction
of goods has been caused due to reasons beyond human control. |
| |
(iii) Goods imported for display at international or single country
exhibition for foreign missions. |
If imported by or through the Ministry of Commerce or the Ministry
of Foreign Affairs. |
| |
(iv) Machinery imported by the representatives of foreign commercial
firms for demonstration purposes. |
If imported by or through the Ministry of Commerce or the Ministry
of Foreign Affairs. |
| 2. |
Dry fruits |
If imported from Afghanistan subject to furnishing bank guarantee.
An undertaking shall also be furnished by the exporter that no rebate
or drawback of duty has been paid or claimed on or after the time
of export of goods. |
|
Duty exemption for machinery and equipment
for software development.
SRO-551(I)/98 dated 12.6.98 (App:10.6) allows Customs duty exemption on
import of machinery and equipment and spares for computers and related
peripherals as are used for software development, not manufactured locally,
for setting up new unit or for BMR of existing units of software development
houses or industry, in bond, subject to the following conditions:-
(a)
The software house must be registered with the private software export board.
(b) The importer satisfies the Customs that the imports
are for the purpose of SRO-551/98.
(c) The certificate
of installation is submitted within one year of import.
(d)
The machinery and spares imported shall not, within five years of import,
be used for any other purpose or for at any other place
(e) A
unit which fails to export equal to three times the C&F value of imported
computer hardware or software will have to pay the Customs duty exemption
|
Duty exemption for machinery and spares for
new unit/expansion/BMR
SRO-554(I)/98 dated 12.6.98 (App:10.7) allows exemption of Customs duty
and Sales Tax on import of machinery and spares, not manufactured locally,
for setting up a manufacturing unit or for expansion or BMR of existing
units in bond.
The conditions are:
(a) The export obligation/target for the industries covered are
given in the Table to SRO-554/98.
(b) The industrial
units have to be in bonded premises where the Customs will have jurisdiction
to monitor the production and sale of the output.
(c)
The certificate of installation has to be provided within one year of import.
(d) The machinery or spares imported will not be used,
within five years of import, for any other purpose or at any other place,
failing which the exempted duty and tax is recoverable
|
List of locally manufactured goods
(1) In several Customs notifications (SROs), raw materials,
components, sub-components, assemblies, sub-assemblies, plant machinery
and equipment and their spares are allowed to be imported at zero-duty or
reduced Customs duty. In all these SROs, the condition is that the items
allowed to be imported are “such as are not manufactured/produced locally”.
After consultation with the Ministry of Industries, Engineering Development
Board, National Tariff Commission and the private sector, the Central Board
of Revenue has issued CGO No: 7/1998 dated 24.3.98 (App:10.8) which gives
a list of locally manufactured machineries, intermediate goods and raw materials.
(2) The Collector of Customs is authorised to allow release
of goods/items in the list of locally manufactured goods/items against Bank
Guarantee, for a period of three months if the importer produces a certificate
by the renowned local manufacturers of the disputed items or from the Engineering
Development Board to the effect that the imported item is not being manufactured
locally and the importer produces a clarification from CBR to this effect
within the stated period of three months. |
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