CUS NTF NO. 06/1998 DATE 02/04/1998
Fuel Injection Equipment Parts - Duty Concession
In exercise of the powers conferred by sub-section (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 makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 11/97-Customs, dated the 1st March, 1997, namely:-
In the said notification:-
(a) in the Table, for S.No. 120 and the entries relating thereto, the following shall be substituted, namely:-
| (1) | (2) | (3) | (4) | (5) | (6) |
|---|
| "120 | 84 or any other chapter | The following goods, when imported upto and inclusive of the 31st day of July, 1998, namely:-
(A) Parts of fuel injection equipment (including those in semi-knocked down packs or completely knocked down packs) for manufacture of fuel injection equipment;
(B) Parts of fuel injection equipment for providing warranty coverage or after sales service (free of cost or otherwise) to customers by the manufactuer of fuel injection equipment:
(C) Parts (other than raw materials) for manufacture of goods specified at (A) above;
(D) Machinery tolls and apparatus falling under Chapter 82, 84, 85 or 90, for manufacture of fuel injection equipment.
| 20% | Nil | 21 |
(b) in the Annexure, for Condition No. 21 and the entries relating thereto, the following shall be substituted namely:-
| Condition No. | Condition |
|---|
| 21" | If the importer, at the time of importation, furnishes an undertaking to the Assistant Commissioner of Customs to the effect that he shall use the imported goods for the purposes specified in column (3) of the Table to this notification and that,-
(a) in the case of the goods specified at (A), (B) and (C) in the said colmn (3) he shall within such period as the said Assistant Commissioner may specify in this behalf, produce a certificate from the Assistant Commissioner of Central Excise having jurisdiction over the factory manufacturing the injection equipment, to the effect that the imported goods have been used for the purpose specified.
(b)in the case of the goods specified at (D) in the said column (3), he shall no sell or otherwise dispose them off, in any manner foe a period of two years from the date of their importation and he shall within such period as the said Assistant Commissionre may specify in this behalf, produce a certificate from the Assistant Commissioner of Central Excise having jurisdiction over the factory manufacturing the fuel injection equipment, to the effect that effect that the imported goods have been installed in the importer"s own factory for use in the manufacture of fuel injection equipment". |
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