Exemption to specified machinery for manufacture of bi-cycles

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..... 962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in the Table hereto annexed and falling within Chapter 84, 85 or 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India for the manufacture of Bicycles, from - (a) so much of that portion of the duty of customs leviable th .....

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..... per cent of the amount equal to the difference between the duty leviable on such goods but for the exemption contained herein and that payable in terms of this notification; and (ii) the importer has undertaken to comply with such instructions as are issued by the Chief Controller of Imports and Exports to monitor and enforce the fulfilment of the said export obligation. TABLE Sl .....

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..... Brazing Line for manufacture of handles. 11. Special Automatic Polishing Line with transfer arrangements for cycle parts. 12. Multi Station Horizontal and/or vertical Cold and Hot Forming Machines. 13. Special Purpose Cold Upsetting Line. 14. Automatic Nut Tapping Machines. 15. Rim Plant including profiling, welding sizeing. .....

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