Notification no 72/2018 Customs date on 28th September, 2018

 

Seeks to reduce the import duty on parts/ components used in manufacturing of specified textile machinery to Nil. 

 The extract of CUSTOMS Notification No. 72/2018- CUSTOMS is given below: 

 Notification No. 72/2018-CUSTOMS

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] 

GOVERNMENT OF INDIA 

MINISTRY OF FINANCE 

(Department of Revenue) 

Notification No. 72 /2018-Customs

 

New Delhi, the 28^th September, 2018

 

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and subsection (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30^th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-

 

In the said notification, in the Table, after serial number 461 and the entries relating thereto, the following serial number and entries shall be inserted, namely: -

 

 

(1)	(2)		(3)		(4)	(5)	(6)
“461A	8448	The following goods, namely: -			Nil	-	-”.
		(i) High Speed Dobby mechanical
		or  electronic  (300  rpm  and
		above) (tariff item 8448 19 00);
		(ii) High	Speed	Jacquard
		mechanical	or  electronic  (300
		rpm and above) (tariff item 8448
		19 00);
		(iii) Automatic  Yarn		Splicers for
		Automatic Cone Winders (tariff
		item 8448 32 90);

(iv)  Spindle Motor for Automatic Cone Winders (tariff item 8448 32 90); 

(v)    Grooved Winding Drums for Automatic Cone Winders (tariff item 8448 32 90); 

(vi)  Compact Spinning attachment (tariff item 8448 39 90); 

(vii)             Air Jet weft insertion mechanism fitted with relay nozzles and electronic controls (tariff item 8448 42 90); 

(viii)  Water Jet weft insertion system fitted with water supply mechanism and electronic control (tariff item 8448 42 90); 

(ix)  Profile Reed for Air Jet or Water Jet looms (tariff item 8448 42 90); 

(x)    Rapier tape, Rapier head or Rapier drive wheel (tariff item 8448 49 50); 

(xi)  Weft Feeders with or without electronic controlling mechanism (tariff item 8448 49 50); 

(xii)    Accumulators with or without electronic controlling mechanism (tariff item 8448 49 50); 

(xiii) Weftselectorswith programmer (tariff   item 8448 49 50); 

(xiv)  Electronic weft stop motion (tariff item 8448 49 50); 

(xv)     CAM for CAM Beat-up rapier loom (tariff item 8448 49 90);