Exemption to parts for setting up, or for assembly or manufacture of specified article

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.... (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 purpose of initial setting up, or for the assembly or manufacture, of any article specified in the Table hereto annexed, when imported into India, and proved to the satisfaction of the Assistant Collector of Cu....

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.... (i) the Industrial Adviser or Additional Industrial Adviser 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 falling in the small scale sector; (iii) the Textile Commissioner or any officer not belo....

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....s in the premises of the place of manufacturer within a period of 3 months or such extended period as the Assistant Collector of Customs 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....