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of <h1>India Exempts Specified Machine Tools from Additional Customs Duty Under Notification No. 182/86-Cus. for Public Interest</h1> The Central Government of India, under the Customs Act, 1962, has issued an exemption notification (No. 182/86-Cus.) dated March 1, 1986. This notification exempts certain specified machine tools from the additional customs duty when imported into India. The exempted items fall under various headings of the Customs Tariff Act, 1975, and include equipment such as center lathes, turret lathes, milling machines, drilling machines, sawing machines, presses, and other specified machinery. The exemption is deemed necessary in the public interest and applies to a wide range of industrial machinery as detailed in the notification.
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