Exemption to electronic parts of Computer Systems

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..... ernment being satisfied that it is necessary in the public interest so to do hereby exempts electronic parts of computer numerical control systems falling under Chapter 84 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), required for the purpose of initial setting up, or for the assembly or manufacture, of such systems, from - (a) so much of that portion of the duty of customs .....

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..... e sector. Provided further that the importer shall, by the execution of a bond in such form and for such sum as may be specified by the Assistant Collector of Customs, binds himself to pay on demand, in respect of such parts as are not proved to the satisfaction of the Assistant Collector of Customs to have been used for the aforesaid purposes; an amount equal to the difference between the duty .....

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