Machinery, instruments and tools imported by Ordnance Factories - Exemption - 128/95 - Customs -Tariff

Machinery, instruments and tools imported by Ordnance Factories - Exemption Notification No. 128/95-Cus. Dated 21-8-1995 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts machinery, instruments, tools including accessories of such machinery, instruments and tools required for setting up of indigenous manufacturing facilities in the ordnance factories for the manufacture of armaments of Infantry Combat Vehicle (ICV) EMP-II Project of the Ministry of Defence (hereinafter referred to as the project goods), when imported into India by the Ordnance Factory Board, Calcutta, from - (i) the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975); and (ii) the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act : Provided that the importer produces to the Assistant Commissioner of Customs at the time of importation, in each case, a list of the project goods with the relevant description of such goods duly certified by an officer not below the rank of a Deputy Secretary to the Government of India, in the Ministry of Defence, to the effect that the project goods mentioned in the list, - (a) are required for the purposes of the Infantry Combat Vehicle EMP-II Project of the Ministry of Defence; (b) are not manufactured in India; and (c) shall be used only for the purposes of the said Project. 2. This notification shall remain in force upto and inclusive of the 30th day of December, 1995.