Albert Co. Ltd, Chennai imported machinery from Germany for its unit located in EOU. The machine reached Chennai Port on 20.02.2021. The undertaking has deferred manufacture of article for which the machinery was origina
CS Executive · Tax Laws · PYQS · June 2021
Albert Co. Ltd, Chennai imported machinery from Germany for its unit located in EOU. The machine reached Chennai Port on 20.02.2021. The undertaking has deferred manufacture of article for which the machinery was originally imported. What is the time period up to which the machinery can be kept in the warehouse at port without payment of customs duty ?
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Customs Act
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