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Exemption to specified goods falling within Chapter 28 or 29 imported for manufacture of specified goods

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..... 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 goods specified in column (2) of the Table annexed hereto and falling within Chapter 28 or 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, for manuf .....

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..... manufacture within a period of 3 months from the date of importation or such extended period as the Assistant Collector of Customs may allow; and (d) he shall pay on demand, in the event of his failure to comply 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 exemption contained herein and that alread .....

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