Machine tools - Parts thereof [Chapter 84]

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..... tisfied that it is necessary in the public interest so to do, hereby exempts parts required for the purpose of initial setting up, or for the assembly or manufacture, of any article falling under heading Nos. 84.56 to 84.66 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) when imported into India, and proved to the satisfaction of the Assistant Collector of Customs to be so requi .....

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..... rial Advisor in the Directorate General of Technical Development of the Government of India in the Ministry of Industry; (ii) the Director of Industries or the Commissioner of Industries of the State concerned, in the case of firms which are classified as falling in the small scale sector; (iii) the General Manager or Deputy General Manager, as the case may be, of the concerned unit, in the ca .....

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..... mply with (a), (b) or (c) above an amount equal to the difference between the duty leviable on such quantity of the said imported goods but for the ex emption contained herein and that already paid at the time of importation : Provided that nothing contained in this notification shall apply in respect of CNC systems and components of such systems. - Notification Tax Management India - taxman .....

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