New Advisory for Importers to avail benefit of IGCR Rules (Import of Goods at Concessional
Rate of duty) has been issued by government.
The question is which type of imports and duty exemption are cover under this rule?
Does the import under C. O. O. concession of import duty also have to fulfill this rule? or it’s only for import under advance authorization scheme?
Is it also applied on goods, which has confessional rate of custom duty by general notifications with or without any conditions?
If any user has the info about same then please help to clear these doubts for rest of users and trade.