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Importers will have to apply to the NBR with the required documents to obtain the exemption, and the board will issue a decision within 10 working days after verification.

An undertaking on non-judicial stamp paper must also be submitted to customs authorities to ensure compliance with the conditions.

In case of any violation, the exemption will be cancelled, all applicable duties, taxes, fines and interest will be realised, and the importer will become ineligible for such benefits in the future.

The SRO came into effect immediately and will remain valid until June 30, 2026. NBR officials said the initiative is expected to encourage safer and greener student transportation across the country.