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CBIC reduces the import duty on parts/ components used in manufacturing of specified textile machinery to Nil

Circular No. ES/233 /2018-19                                                                                    October 1, 2018 

To: Members of the Council

Sub: CBIC reduces the import duty on parts/ components used in manufacturing of specified textile machinery to Nil

Dear Member,

The Council would like to inform you that CBIC has issued Notification No. 72/2018- Customs dated 28th September, 2018 amending Notification No. 50/2017- Customs dated 30th June, 2017 to reduce the import duty on parts/ components used in manufacturing of specified textile machinery to Nil.

Relevant extract of the Notification no. 72/2018- Customs is as follows:-

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.

Sr. No.

Chapter or

Heading or

sub–

heading

or tariff item

 

Description of goods

Standard

rate

 

Integrated

Goods

and

Services

Tax

 

Condition

No.

 

(1)

(2)

(3)

(4)

(5)

(6)

“461A

8448

The following goods, namely: –

(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) Weft selectors with 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);

(xvi) Electronic  take  up  motion fitted with servo motor control (tariff item 8448 49 90);

(xvii)   Electronic let off motion fitted with servo motor control (tariff item 8448 49 90).

 

Nil

 

Members may kindly make a note of the above.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR

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