Concessional tariff exclusion for CNC machines introduced; certain machine-tool entries removed from exemption table under tariff law The notification amends a prior customs exemption by substituting provisos to provide that the concessional rate of 35% ad valorem for goods in Sl. No. (i) shall not apply to CNC machines, while preserving exemptions under other notifications; it further omits items 38, 39, 40, 41, 68 and 74 from column (2) against Sl. No. (i).
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Concessional tariff exclusion for CNC machines introduced; certain machine-tool entries removed from exemption table under tariff law
The notification amends a prior customs exemption by substituting provisos to provide that the concessional rate of 35% ad valorem for goods in Sl. No. (i) shall not apply to CNC machines, while preserving exemptions under other notifications; it further omits items 38, 39, 40, 41, 68 and 74 from column (2) against Sl. No. (i).
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