Disclosing end-use of goods must while claiming concessional import duties

Move aimed at enabling tracking of goods to ensure they don't end up in replacement market

Those importing goods at concessional rates will have to submit information on end use of these products on a portal developed by the Customs Department on monthly as well as annually bases.

This has been done to enable the tracking of these goods by the authorities to ensure that the goods are used in specified manufacturing and not in the replacement market. 

If these goods are used for the replacement market, normal tariffs will apply, said Abhishek Jain, partner indirect tax at KPMG.

The lower rates under The Customs (Import of Goods at Concessional Rate of Duty for Specified End