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<h1>Customs Duty Exemption for Granite Quarrying Equipment by EOUs Under Notification No. 58/2000-Cus, Customs Act 1962</h1> The Central Government of India issued Notification No. 58/2000-Cus, dated May 8, 2000, under the Customs Act, 1962, granting customs duty exemptions for specified goods imported or procured for use in granite quarrying by export-oriented units (EOUs) and units within Free Trade or Export Processing Zones. The exemption applies to goods like hydraulic excavators, compressors, and drilling machines, among others. Conditions include approval for import, use of goods for quarrying granite for export, maintaining proper accounts, and fulfilling export obligations. The notification outlines procedures for transfer, re-export, and destruction of goods, and specifies zones eligible for these exemptions.