https://www.taxtmi.com/notifications?id=21064 Exemption limits customs duty for parts imported for initial setting up, assembly or manufacture of specified machinery to an amount calculated at a capped ad valorem rate and exempts the additional duty, subject to certification by designated authorities, importer undertakings to use and account for the parts at the place of manufacture, production of certified account extracts within the prescribed period, and payment of the duty differential on demand for non compliance; CNC systems and their components are excluded. en-us Wed, 29 Apr 1987 00:00:00 +0530 Tue, 01 Sep 2009 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21064 Exemption limits customs duty for parts imported for initial setting up, assembly or manufacture of specified machinery to an amount calculated at a capped ad valorem rate and exempts the additional duty, subject to certification by designated authorities, importer undertakings to use and account for the parts at the place of manufacture, production of certified account extracts within the prescribed period, and payment of the duty differential on demand for non compliance; CNC systems and their components are excluded. Notifications Customs Wed, 29 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21064