Automobile industry, having their own R&D establishment, is allowed free import of reference fuels (petrol and diesel), upto a maximum of -------------per annum, which are not manufactured in India.

Related MCQs

• Export Promotion Capital Goods Scheme allows import of capital goods Free of import duty
• Import of free gifts and relief supplies by certain organizations/institutions e.g. Indian Red Cross Society, National Defense Fund is allowed
• Which enables an exporter to import capital goods, like plant and machinery at concessional import duty?
• Bona fide technical and trade samples of items, even those in the restricted in ITC(HS)Classifications of Export and Import items is allowed without a license for a value not more than Rs. 1 lakh(CIF)
• Which of the following enables an exporter to import inputs without paying import duties?
• Import of Capital Goods is allowed for
• Import of -----------------is allowed without payment of Customs duty under the Baggage Rules, 1994.
• Permission for duty free import of samples by exporters is-
• The customs duty paid for the import of capital goods as per 2009-2014 policy is
• Time limit for re-import of exported gems and jewellery items in India is-