Amending Customs duty exemption on import of textile machineries

EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY (1) (2) (3) (4) (5) (6) - No. 512] NEW DEL HI, TUES DAY, SEPTEMBER 5, 2023/ BHADRA 14, 194 5 CG-DL-E-05092023-248551 MINISTRY OF FINANCE (Department of Revenue ) NOTIFICATION New Delhi the 5 th September, 2023 No. 52/2023 -Customs G.S.R 653(E).—In exercise of the powers conferred by sub -section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub -section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, on being satisfied that it is necessary in the public int erest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 50/2017 -Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinar y, Part II, Section 3, Sub -section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely : - In the said noti fication, in the Table, for S. No. 460 and the entries rel ating thereto, the following S.No. and entries shall be substituted, na mely: - (1) (2) (3) (4) (5) (6) “460. 8446, 8448 The following goods (other than old and used) for use in the textile industry, namely: - (i) Shuttleless Rapier Looms [above 650 meters per minute]; (ii) Shuttleless Waterjet Looms [above 800 meters per minute]; (iii) Shuttleless Airjet Looms [above 1000 meters per minute]; Nil Nil Nil - - - - - - (iv) Parts and components for use in manufacturing of shuttleless looms Provided that nothing contained in this S.No. shall have effect after 31st March, 2025. Nil - 9”. [F. No. CBIC -190354/44/2023 -TO(TRU -I)-CBEC] RAJEEV RANJAN , Under Sec y. Note : The principal notification No. 50/2017 -Customs, dated the 30th June, 2017 was 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 and was last amended vide notification No. 46/2023 -Customs, dated the 26th July, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -Section (i), vide number G.S.R. 557(E), dated the 26th July, 2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delh i-110054.