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of <h1>India Expands Customs Tariff Exemptions for Auto-Component Manufacturing Tools Under Section 25(1) of Customs Act 1962</h1> Notification No. 27/89-Cus, dated February 9, 1989, amends a previous notification (No. 288/88-Customs) issued by the Government of India, Ministry of Finance, Department of Revenue. Exercising the powers under Section 25(1) of the Customs Act, 1962, the amendment modifies the description of items eligible for customs tariff exemptions. The original terms 'dies, tools, jigs and fixtures' are replaced with 'jigs fixtures, dies and pattern (including contour roller dies), moulds (including moulds for die castings), press tools and parts of press tools,' reflecting a broader scope for exemption on auto-component manufacturing tools.
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