Newsprint fully exempted from Customs Duty
The following goods will now be fully exempted from Customs Duty.
1. Newsprint -
(i) in strips or rolls of a width not less than 34.92 cm; or
(ii) in rectangular (including square) sheets with one side not less than 34.92 cm and the other side exceeding 15 cm in the unfolded state.
2. Uncoated paper of a kind used for the printing of newspapers, of which not less than 50% by weight of the total fibre content consists of wood fibres obtained by a mechanical or Chemi-mechanical process, unsized or very lightly sized, having a surface roughness Parker Print Surf (1 Mpa) on each side not exceeding 2.5 micro metres (microns) weighing not less than 40 m 2 and not more than 65 gms/m 2
3. Light weight coated paper weighing upto 70 g/m2 , imported by actual users for printing of magazines
Is it an election incentive for the PRESS?
Notification No. Dated: 11th February 2009