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EXEMPTION FROM CUSTOMS DUTY AND SALES TAX ON IMPORT OF RAW MATERIALS FOR THE LOCAL MANUFACTURE OF POWER GENERATORS BELOW 100 AVA Notification No. S.R.O. 455(I)/87, dated 4th June 1987. In exercise

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What is exemption from customs duty?

Exemption from customs duty refers to a privilege or permission granted by the government to certain individuals or organizations to import goods without having to pay the usual customs duties or taxes.

Who is required to file exemption from customs duty?

The individuals or organizations who are eligible for customs duty exemption based on specific criteria set by the government are required to file for exemption.

How to fill out exemption from customs duty?

To fill out exemption from customs duty, you need to provide all necessary information and supporting documents as required by the customs authority. This may include details about the imported goods, purpose of import, eligibility criteria, and any applicable declarations.

What is the purpose of exemption from customs duty?

The purpose of exemption from customs duty is to provide certain individuals or organizations with a financial advantage or relief in order to encourage specific activities such as scientific research, humanitarian work, or economic development.

What information must be reported on exemption from customs duty?

The information that must be reported on an exemption from customs duty may vary depending on the specific requirements of the customs authority. However, typical information includes details about the importer, description and value of the goods, purpose of import, and any supporting documents.

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