9911796707
TMI BlogReduces customs duty, Specified drugs, medical equipment, parts of artificial limbs/rehabilitation aids, Specified it products, Power transmission and distribution projects, Coal etcX X X X Extracts X X X X X X X X Extracts X X X X ..... ollowing further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1st March, 2002, namely:- In the said notification,- (I) in the proviso, in clause (a), for the figures, letters and words "1st day of April, 2004", the figures, letters and words "1st day of April, 2005" shall be substituted; (II) in the Table,- (i) against S.No.21, in column (3), in item (c), for the words and figures "the financial year 2003-04", the words "a financial year" shall be substituted; (ii) S.Nos.62 and 63 and the entries relating thereto shall be omitted; (iii) S.No.67 and the entries relating thereto shall be omitted; (iv) S.No.69 and the entries rel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (xix) against S.No.240, for the entry in column (4), the entry "Nil" shall be substituted; (xx) against S.No.241, for the entry in column (4), the entry "Nil" shall be substituted; (xxi) against S.No.242, for the entry in column (4), the entry "Nil" shall be substituted; (xxii) against S.No.260, for the entry in column (4), the entry "20%" shall be substituted; (xxiii) against S.No.261, for the entry in column (4), the entry "20%" shall be substituted; (xxiv) S.No.271 and the entries relating thereto shall be omitted; (xxv) against S.No.272, for the entry in column (4), the entry "10%" shall be substituted; (xxvi) against S.No.273, for the entry in column (4), the entry "10%" shall be substituted; (xxvii) S.No.274 a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... substituted; (xli) against S.No.314, for the entry in column (4), the entry "10%" shall be substituted; (xlii) against S.No.317, for the entry in column (4), the entry "5%" shall be substituted; (xliii) against S.No.324, for the entry in column (4), the entry "10%" shall be substituted; (xliv) against S.No.325, for the entry in column (4), the entry "10%" shall be substituted; (xlv) against S.No.327, for the entry in column (4), the entry "10%" shall be substituted; (xlvi) against S.No.329, for the entry in column (4), the entry "10%" shall be substituted; (xlvii) against S.No.330, for the entry in column (4), the entry "10%" shall be substituted; (xlviii) against S.No.331, for the entry in column (4), the entry "10% ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cluding gas turbine power projects (excluding captive power plants set up projects engaged in activities other than in power generaton); 5% 16% - (v) Barge mounted power plants; 5% Nil - (vi) Power transmission sub-transmission or distribution project; 10% 16% - (vii) Other industrial plants or projects 20% 16% -"; (lxiii) against S.No.418, for the entry in column (4), the entry "10%"shall be substituted; (lxiv) S. No. 431 and the entries relating thereto shall be omitted; (lxv) for S.No.432 and the entries relating thereto, the following shall be substituted, namely: (1) (2) (3) (4) (5) (6) "432. 90 or any other Chapter A) The following goods for physically disabled persons, namely:- (i) Cr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e event of failure to comply with this condition, he shall pay an amount equal to the difference between the duty leviable on the said imported goods but for the exemption under this notification and that already paid at the time of importation; (ii) substantial expansion of an existing unit, proves to the satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, that the value of the investment made, in fixed assets in plant and machinery (excluding land and building) in the said unit, is more than rupees five crore at the time of first import under this exemption."; (B) in the Lists,- (i) in List 3,- (a) for item (58), the following item shall be substituted, namely:- "(58) M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (40) Corneal topographic machine (41) Perimeter automated (42) Non contact tonometer (43) Nerve fibre layer analyzer (44) Fundus fluorescein angiography machine (digital with videography) (45) Optical coherence tomography machine (46) Photo dynamic therapy-laser (47) Transpupillary thermo therapy laser"; (iv) after List 46 and the entries relating thereto, the following shall be inserted, namely:- "List 47 ( See S.No.439 of the Table) 1. Scramblers 2. Descramblers 3. Encoders 4. Decoders 5. Jammers 6. Network firewalls 7. Network sniffers, scanners and monitoring systems 8. Probes for data monitoring 9. SMS and MMS monitoring systems". 2. This notification shall come into force on the 9t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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