Customs- Raw Silk and machinery for currency printing exempted
RAW silk: Raw silk of grade 3A and above imported by National Handloom Development Corporation up to an aggregate quantity not exceeding 2500 metric tonnes in a financial year, exempted from Customs Duties.
Printing Machinery: Plant or machinery or equipment, related to sachet packaging, embossing, debossing; manufacture of e-passport; inspection and processing of banknotes imported by or on behalf of Security Printing and Minting Corporation of India Limited (SPMCIL), exempted from Additional Duty of Customs.
These are also exempted from SAD.
Notification No. , dated the 1st March, 2002 is amended.
Notification No. , Dated: August 10, 2010 and , Dated: August 10, 2010