Customs exemption expansion adds specialised powder metallurgy and compacting presses to the exempted goods list under amendment. The notification amends the annexed Table of an existing customs exemption notification by inserting a new serial (x) that lists three categories of presses: ISO static presses for powder metallurgy (for manufacture of automotive components), extrusion presses for forming green compacts, and automatic hydraulic/mechanical presses with shuttling devices for hard metal powder compacting and bonded abrasive manufacture, effected by the Government under its executive powers as necessary in the public interest.
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Customs exemption expansion adds specialised powder metallurgy and compacting presses to the exempted goods list under amendment.
The notification amends the annexed Table of an existing customs exemption notification by inserting a new serial (x) that lists three categories of presses: ISO static presses for powder metallurgy (for manufacture of automotive components), extrusion presses for forming green compacts, and automatic hydraulic/mechanical presses with shuttling devices for hard metal powder compacting and bonded abrasive manufacture, effected by the Government under its executive powers as necessary in the public interest.
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