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Prescribes basic duty on components required for the manufacture of specified instruments

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....on (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts parts required for the manufacture of the goods specified in the Table hereto annexed, when imported into India, by a manufacturer of such goods, from - (a) so much of that portion of the duty of customs leviable thereon which i....

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....the exemption under this notification is claimed are required for the purpose specified above and recommends the grant of the above exemption; and (ii) the importer furnishes an undertaking to the effect that - (a) the said parts shall be used for the purpose specified above; (b) account of the said parts received and consumed in the place of manufacture, shall be maintained in the manner....