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TMI BlogAmendments in the notification No. 21/2002-Customs, dated the 1st March, 2002X X X X Extracts X X X X X X X X Extracts X X X X ..... Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest to do so, 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, namely:- In the said notification,- (A) in the Table,- (i) for S.No.30 and t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd appliances, control gear and transmission equipment, auxiliary equipment (including those required for research and development purposes, testing and quality control), namely :- (i) Iron and steel and articles thereof, falling under Chapter 72 or 73; (ii) CNC systems falling under tariff item 8537 10 10 ; (iii) Servo drives/ motors falling under heading 8501 or 8504; (iv) Precision spin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ied for - (i) initial setting up of a unit, the manufacturer furnishes a undertaking to the Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, having jurisdiction over his factory, that the value of investment to be made in fixed assets in plant and machinery (excluding land and buildings) in the said unit, within a period of two years fro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lanation .- For the purposes of this exemption, "unit" shall have the same meaning as assigned under the Project Import Regulations, 1986 G.S.Karki Under Secretary to the Government of India F.No . 332/1/2004-TRU Note:- The principal notification No.21/2002-Customs dated the dated the 1st March, 2002, was published in the Gazette of India, Extraordinary, vide G.S.R.118 (E), dated the 1st Mar ..... X X X X Extracts X X X X X X X X Extracts X X X X
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