Exemption to components for Forklift Trucks having a capacity exceeding 10 tonnes

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ction 25 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 216/85-Customs, dated the 3rd July, 1985, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts components required for the manufacture of forklift trucks having a capacity ex....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ure of such forklift trucks; and (iii) the importer shall furnish an undertaking to the effect that - (a) the said component parts shall be used for the purpose specified above; (b) an account of the said component parts received and consumed in the place of manufacture for the said purpose shall be maintained in the manner specified by the Assistant Collector of Customs; (c) he shall ....