TMI Blog15% Customs duty and Nil additional duty on Captial equipments and spare parts imported under (EPCG) Scheme for Service Sector - EXIM Policy 1992 -97X X X X Extracts X X X X X X X X Extracts X X X X ..... enance of such capital equipment not exceeding 10% of the C.I.F. value of the capital equipments actually imported, when imported into India by an importer undertaking an obligation to receive payments in freely convertible foreign currency for services rendered through the use of such capital equipment, equivalent to four times the C.I.F. value of the said capital equipments and spare parts over a period of five years, from so much of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as is in excess of 15% ad valorem and whole of the additional duty leviable thereon 2 [ under sub-sections (1), (3) and (5) of section 3 ] of the said Customs Tariff Act, subject ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Commerce in this regard, the said period of fulfilment of export obligation may be extended, but shall in no case be extended beyond the 31st March, 2002, and the said short fall in export obligation condoned by the Assistant Commissioner of Customs or the Deputy Commissioner of Customs, as the case may be. 1 [2. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid by the importer shall not exceed the amount of duty if such regularisation has been dealt in terms of Public Notice of the Government of India in the Ministry of Commerce No. 22 (RE-2013)/2009-2014 dated the 12 th August, 2013. ] Explanation - In this notification- (i) capital equipme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ry/Pizza/Convection/Rotary/Rotating/Microwave/Under Counter/Proofing Cabinet - Gas - Electric - Microwave 7. Deep Fat Fryers - Gas - Electric 8. Cooking/Steaming/Frying/Broiling/Boiling Machines/Pressure Cookers/Pressureless/Pressure Steamers - Gas - Electric 9. Bain Maries/Food Pans - Gas - Electric - Steam Heated 10. Refrigerated Display Counters/Racks/Shelves/Cases/Cabinets/Carts - All types (with/without Rotatry Motor) - Sandwich unit 11. Almond Crushing/pastry Machines 12. Coffee Machines/Makers with Blenders/Grinders/Espresso 13. Chocolate Melting Machines- (a) Shaving Machine (b) Coating Machines (c) Holding Machines (d) Tempering Machines 14. Dough Mixing Divi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... air-conditioning system 6. Absorption Refrigeration Systems (Minibars) 7. Facsimile Machines 8. Time Date Stamp Machines 9. Electronic Time Card System 10. Fabco Systems/Restaurant Management Systems/management reporting system 11. Computerised Electronic Vaults 12. Stationery Imprinters 13. Locks with Master Key system 14. EPABX with minimum 200 lines and 400 telephones (C) HOUSE KEEPING EQUIPMENTS 1. Hand Dryers 2. Vacuum Clearners/Papoosing Machine 3. Carpet Shampooing Machine/Drying Machines 4. Deodorising Carpet cleaning Machine 5. File Lifters 6. Floor Polishing Machine/Scrubbing Machine 7. Underwater Lighting Equipment 8. Pool Clearners (sumberged/non-submerged) 9. (a) Beac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Treadmill 7. Magnifying Glass Lamp equipment 8. High Frequency hair drying and setting equipment 9. Suction Machine (For blackhead removing) 10. Disincrustation Machine 11. Facial Massage machine 12. Dermatron Equipment 13. Orbital massagers 14. Abdominal Board 15. Steam bath 16. Electrical Hair Disposal Machine 17. Slender tone slimming equipment 18. MSA Oxygen Administrator complete with Cylinder and face mask 19. Multi Gym Machines 20. Bath tube for hydro-therapy 21. Habitat Units (F) PROFESSIONAL AUDIO VISUAL/VIDEO EQUIPMENT (STUDIO QUALITY) 1. (i) Cameras with accessories (ii) Video Mixers (iii) Monitors (iv) T.V. and Modulators (v) Convertors (vi) Headphones 2. (i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r -Garbage pulping and pumping facility 16. 6600 Vol/1100 volts high tension magger Insulation testing kit 17. Automatic Microprocessors Based Load Demand Controllers for Efficient Load Management (H) EQUIPMENT FOR RECREATIONAL FACILITIES 1. Bowling Alleys with accessories including electronic scoreboard 2. All weather domes of tennis courts including HVAC equipments. 3. Prefabricated glass walled squash courts. 4. Billiard and snooker tables with accessories. 5. (i) water slides (ii) pneumatic chutes (iii) Roller coasters (iv) Carousels (I) ADVENTURE SPORTS EQUIPMENT ONLY FOR RESORT HOTELS 1. Beach Buggies/Snow Mobiles/Sand and Dune Buggies. 2. (i) Speedboats (ii) Catamarans (iii) Raft ..... X X X X Extracts X X X X X X X X Extracts X X X X
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