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SME Chatroom: 'IGCR Rules apply only when exemption notifications say so'

The duty concessions are available under exemption notifications and some of them mandate the procedures prescribed under the said IGCR Rules.

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CHATROOM | sme CHATROOM | Customs Act

T N C Rajagopalan 

custom duty
You can avail of the benefits of PIR, provided that your expansion project increases your installed capacity by at least 25 per cent.

Q. What are the criteria for goods to qualify for clearance at concessional duty rates under the (Import of Goods at Concessional Rate of Duty) Rules, 2017? Can we clear all the goods under these IGCR Rules or are there any notifications allowing specific goods only for import under such Rules?

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First Published: Mon, June 27 2022. 16:12 IST
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