Import of Goods at Concessional Rate of Duty

Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 1996 are explained as follows:- Some of Specified goods in notification can be imported at concessional rate of duty. Under IGCRD Scheme manufacture can import notified goods with concessional rate of duty , however he need to fulfill the condition for import of goods at concessional rate. The conditions such as taking excise registration , execution of bond with excise department , giving surety for bond executed, giving list goods proposed to be imported , Annxure I etc.

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