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of <h1>Government Grants Customs Duty Exemption for Silk Industry Machinery Under Section 25 of Customs Act 1962</h1> The Central Government, under section 25 of the Customs Act, 1962, has issued Notification No. 23/88-Cus dated March 1, 1988, granting exemptions on specified machinery imported for use in the silk industry from certain customs duties. The exemption applies to goods listed in the annexed table, which fall under Chapters 84, 85, or 90 of the Customs Tariff Act, 1975. The exempted items include various types of feeders, combs, spinning machines, yarn processing equipment, looms, and other machinery essential for silk production. These goods are exempt from excess customs duty beyond 35% ad valorem and the entire additional customs duty.
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