https://www.taxtmi.com/notifications?id=21183 Concessional customs treatment is provided for specified new textile machines on import by capping ad valorem duty and exempting additional duty, conditional on production of certification and a bond evidencing export linked obligations. Export obligations may be framed as a required proportion of goods produced to be exported or used in exported fabric manufacture, or as an aggregate export value multiple of the machines' customs value to be achieved within a fixed term; such obligations run for a prescribed period and must be monitored and enforced under instructions of the controlling authority. en-us Sun, 01 Mar 1987 00:00:00 +0530 Wed, 02 Sep 2009 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21183 Concessional customs treatment is provided for specified new textile machines on import by capping ad valorem duty and exempting additional duty, conditional on production of certification and a bond evidencing export linked obligations. Export obligations may be framed as a required proportion of goods produced to be exported or used in exported fabric manufacture, or as an aggregate export value multiple of the machines' customs value to be achieved within a fixed term; such obligations run for a prescribed period and must be monitored and enforced under instructions of the controlling authority. Notifications Customs Sun, 01 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21183