The Central Board of Indirect Taxes and Customs (CBIC) notified the Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021.
The notification seeks to amend Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017.
As per the amendment, the importer shall provide information to the Deputy Commissioner of Customs, or, as the case may be, the Assistant Commissioner of Customs having jurisdiction over the premises where the imported goods shall be put to use for the manufacture of goods or for rendering output service except after-sales service, about the various particulars.
Firstly, the name and address of the importer and his job worker, if any.
Secondly, the goods produced or process undertaken at the manufacturing facility of the importer and/or his job worker, if any, or both.
Thirdly, the nature and description of imported goods used in the manufacture of goods at the premises of the importer or the job worker, if any.
Lastly, the nature of output service rendered utilising imported goods.
The importer shall provide information of the receipt of the imported goods in the premises, where the imported goods shall be put to use for manufacture of goods or job work or for rendering output service within two days (excluding holidays, if any) of such receipt to the Jurisdictional Customs Officer.
“The importer shall send the imported goods except gold, jewellery and articles thereof; and other precious metals or stones for job work, for manufacture of goods, after giving an intimation in duplicate to the Jurisdictional Customs Officer of his intention to do so,” the notification said.
The importer or a job worker who contravenes any of the provisions of these rules or abets such contravention shall be liable to a penalty to an extent of the amount specified under clause (ii) of sub-section (2) of section 158 of the Act without prejudice to any other action which may be taken under the Act, rules or regulations made thereunder or under any other law for the time being in force.
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