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India :Notification No.80 /2010-Customs regarding importing Raw silk of grade 3A and above
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Industry Website
PublishDate:
2010-08-18 08:43:04
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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
 
New Delhi, the 10th August, 2010
 
 Notification No.80 /2010-Customs
 
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), the Central Government, on 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 in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1st March, 2002, which was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 118(E) dated the 1st March,2002, namely :-
 
In the said notification, -
 
(i)         in the preamble, in the proviso, after clause (j), the following clause shall be inserted, namely :-
 
“(k) the goods specified against serial No. 164A of the said Table on or after the 31st day of March, 2011.”
 
(ii)        in the Table,-
 
            (a) after S.No. 164 and the entries relating thereto, the following shall be inserted,             namely:-
 
S. No.
Chapter or Heading No. or sub-heading No.
Description of goods
Standard rate
Additional duty rate
Condition No.
(1)
(2)
(3)
(4)
(5)
(6)
“164 A.
5002
Raw silk of grade 3A and above
Nil
-
5C.
 
 
                        (b)        after S. No. 270 and the entries relating thereto, the following shall be            inserted, namely:-
 
 
 
 
 
 
 
 
 
 
(1)
(2)
(3)
(4)
(5)
(6)
"270A
84
The following goods, to be imported by or on behalf of Security Printing and Minting Corporation of India Limited (SPMCIL), namely:-
     (i)        Fully automatic sachet Packaging machinery or equipment or plant, its spares;
    (ii)        Plant or machinery or equipment, related spares and consumables for the manufacture of CWBN paper and other security paper;
   (iii)         Plant or machinery or equipment, related spares and consumables for printing of banknotes;
 (iv)        Photogravure printing machine with embossing or de-bossing facility;
   (v)        Plant or machinery or equipment, its spares and consumables for manufacture of e-passport;
 (vi)        Plant or machinery or equipment, its spares and consumables for inspection and processing of banknotes.
5%
Nil
.”
 
(iii)       in the Annexure, after condition No. 5B and the entries relating thereto, the following condition shall be inserted, namely :-
 
Condition No.
Condition
“5C.
 If imported by National Handloom Development Corporation up to an aggregate quantity not exceeding 2500 metric tonnes in a financial year under cover of a certificate from an officer not below the rank of Joint Secretary to the Government of India in the Ministry of Textiles.”
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