Effective rates of customs duty and IGST for goods imported into India - entries substituted for goods (other than old and used) for use in the textile industry - Notification No. 50/2017-Customs, dated the 30th June, 2017 amended. - 52/2023 - Customs -Tariff
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Customs duty exemption for shuttleless looms and parts: nil rates for specified textile imports with a time limited expiry. The notification substitutes S.No. 460 in Notification No. 50/2017 Customs to specify that certain new shuttleless looms and parts for use in the textile industry (excluding old and used goods) attract nil effective customs and IGST rates; the amendment is enacted under section 25 of the Customs Act, 1962 and section 3(12) of the Customs Tariff Act, 1975 and is subject to an express expiry provision.
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Customs duty exemption for shuttleless looms and parts: nil rates for specified textile imports with a time limited expiry.
The notification substitutes S.No. 460 in Notification No. 50/2017 Customs to specify that certain new shuttleless looms and parts for use in the textile industry (excluding old and used goods) attract nil effective customs and IGST rates; the amendment is enacted under section 25 of the Customs Act, 1962 and section 3(12) of the Customs Tariff Act, 1975 and is subject to an express expiry provision.
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