Amendment to customs appointment rules clarifies admissible watch industry goods for specified-purpose importation. The Central Government, under clause (a) of section 7 of the Customs Act, 1962, by Notification No. 16/98-Cus. (N.T.) dated 2 March 1998, substitutes sub-item (iv) in the Table to Notification No. 61/94 (N.T.)-Customs (serial number 14, Rajasthan, column (4), item (a)) to specify: parts of wrist watches and clocks, machinery parts, tools, dyes, moulds, jigs and fixtures, lacquers, varnishes and chemicals and all other items or articles meant for the watch industry.
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Amendment to customs appointment rules clarifies admissible watch industry goods for specified-purpose importation.
The Central Government, under clause (a) of section 7 of the Customs Act, 1962, by Notification No. 16/98-Cus. (N.T.) dated 2 March 1998, substitutes sub-item (iv) in the Table to Notification No. 61/94 (N.T.)-Customs (serial number 14, Rajasthan, column (4), item (a)) to specify: parts of wrist watches and clocks, machinery parts, tools, dyes, moulds, jigs and fixtures, lacquers, varnishes and chemicals and all other items or articles meant for the watch industry.
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