Capital goods imported by specified importer - Amendment to Notification No. 307/92-Cus. - G.E. No. 188C - 125/93 - Customs -Tariff

Capital goods imported by specified importer - Amendment to Notification No. 307/92-Cus. - G.E. No. 188C Notification No. 125/93-Cus. Dated 20-5-1993 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 makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 307/92-Customs, dated the 28th December, 1992, namely :- In the said notification, in the Explanation, for clause (1), the following clause shall be substituted, namely :- '(i) "capital goods" means any plant, machinery, equipment or accessories required by an importer for, - (a) manufacture or production of goods and includes packaging machinery and equipment, refractories, refrigeration equipments, power generating sets, machine tools, catalysts for initial charge required for, and imported along with, capital equipments, equipments and instruments for testing, research and development, quality and pollution control; (b) use in manufacturing, mining, agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, poultry and sericulture'.