Customs duty cap and exemption for specified forged hand tool machinery subject to export obligation and bank guarantee. Exempts specified machinery imported for manufacture of forged hand tools from customs duty in excess of an amount calculated at the rate of 35 per cent ad valorem and from the additional duty under the Customs Tariff Act, subject to production of a certificate confirming that the importer has executed a bond undertaking an export obligation to export forged hand tools of three times the value of the goods within five years, backed by a bank guarantee for 150 percent of the duty difference, and to comply with monitoring instructions from the Chief Controller of Imports and Exports.