Customs exemption amendments expand eligible machinery, add export-use condition and importer undertaking requirement for concessional duty. The Central Government, invoking sub-section (1) of section 25 of the Customs Act, directs amendments to three customs exemption notifications: 125/86 (inserting 'or 39' after 'Chapter 84' and adding vacuum concentration machinery and aseptic packaging), 160/86 (restricting packing exemption to 'for export', substituting the ad valorem entry with the same rate subject to an importer undertaking, and adding specified freezing machinery), and 390/86 (substituting the Table with a list of coffee processing and sorting machinery).
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Customs exemption amendments expand eligible machinery, add export-use condition and importer undertaking requirement for concessional duty.
The Central Government, invoking sub-section (1) of section 25 of the Customs Act, directs amendments to three customs exemption notifications: 125/86 (inserting "or 39" after "Chapter 84" and adding vacuum concentration machinery and aseptic packaging), 160/86 (restricting packing exemption to "for export", substituting the ad valorem entry with the same rate subject to an importer undertaking, and adding specified freezing machinery), and 390/86 (substituting the Table with a list of coffee processing and sorting machinery).
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