Exemption to components for manufacture of power transmission systems for earth-moving machinery etc.

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..... 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 components required for the manufacture of power transmission system, for earth-moving machinery, fork lift trucks and locomotives, when imported into India, from so much of that portion of duty of cust .....

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..... the Ministry of Industry, to the effect that the importer is under a programme duly approved by the Ministry of Industry for the manufacture of power transmission system for, earth-moving machinery, fork lift trucks and locomotives; and 3. the importer shall, within such period as the Assistant Collector of Customs may specify in this behalf, produce a certificate issued by an Industrial Advise .....

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