CBIC has allowed duty free Import of RM & Capital Goods for Mfg & other operations in bonded Manufacturing Warehouse

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The CBIC has taken an Initiative to promote the Make in India in regards to Export to the World. In an effort to promote India as the manufacturing hub globally, the CBIC is allowing duty-free import of raw materials and capital goods for manufacturing and other operations in a bonded manufacturing facility.

Source# CBIC Twitter Handle