Sophisticated textile machinery [Chapter 84]

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..... eing satisfied that it is necessary in the public interest so to do, hereby exempts machines specified in the Table hereto annexed and falling within Chapter 84 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from — (a) so much of that portion of the duty of customs leviable thereon which is specified in the said First Schedule, as is in excess of th .....

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..... on 14 of the Customs Act, 1962, shall be exported out of India within a period of 5 years from the date of importation of the said machines; (b) in the case of imported Rotor Spinning Machines specified in the said Table, goods produced by such Rotor Spinning Machines and of value exceeding 5 times the value of the machine as determined under section 14 of the Customs Act, 1962, shall be either .....

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