Parts for manufacture of specified textile machines [Chapter 84]

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....of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 181/87-Customs, dated the 29th April, 1987, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts parts required for the purpose of initial setting up, or for the assembly or manufacture, of any article specified i....

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....ed for the purpose specified above and also recommend the grant of the above exemption :- (i) the Industrial Advisor or Additional Industrial Advisor in the Directorate General of Technical Development of the Government of India in the Ministry of Industry; (ii) the Director of Industries or the Commissioner of Industries of the State concerned, in the case of firms which are classified as f....

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....f three months or such extended period as the Assistant Collector may allow; and (d) he shall pay, on demand, in the event of his failure to comply with (a), (b) or (c) above an amount equal to the difference between the duty leviable on such quantity of the said imported goods but for the ex­emption contained herein and that already paid at the time of importation : Provided that nothin....