https://www.taxtmi.com/notifications?id=20444 The amendments revise concession conditions by increasing the concessional rate and, except for looms and Rotor Spinning Machine, impose an export obligation requiring importers to export goods of value not less than five times the machine's customs value within five years, above prior average export performance, secured by a bond specified by the Chief Controller of Imports and Exports and subject to monitoring instructions; additionally, the Tables annexed to the notifications are expanded to list numerous textile-processing and sericulture machines included within the exemption framework. en-us Wed, 01 Mar 1989 00:00:00 +0530 Wed, 26 Aug 2009 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=20444 The amendments revise concession conditions by increasing the concessional rate and, except for looms and Rotor Spinning Machine, impose an export obligation requiring importers to export goods of value not less than five times the machine's customs value within five years, above prior average export performance, secured by a bond specified by the Chief Controller of Imports and Exports and subject to monitoring instructions; additionally, the Tables annexed to the notifications are expanded to list numerous textile-processing and sericulture machines included within the exemption framework. Notifications Customs Wed, 01 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/notifications?id=20444