TIOL-DDT 1943 · Monday, 17 September 2012 · story 5 of 9

Customs - Bra Cups and Other Items imported for use in Textile Exports Exempted

GOVERNMENT has exempted "bobbin elastic; textile flowers;water soluble lining, poly pouch, high density sticker, heat transfer sticker; anglets on draw strings-hooded jacket;bra cup, bust cup, moulded cups for bra and metal underwire for bra;hook and bar, extra button covers-plain, ribbons, waist bands, shooter pin, O Ring, thermo strips and metal clip;pin bullets for packing, plastic tag bullets, metal tabs, bows, ring & slider and rings" imported by a manufacturer of textile garments or leather garments; or by a merchant exporter tied up with supporting manufacturer of textile garments or leather garments, for use in the manufacture of textile garments or leather garments for export by that manufacturer directly or through a merchant exporter. - Notification No. 12/2012 - Cus is amended in Sl. No. 282.

What is "gold findings"?: As per Sl. No. 323 of Notification No. 12/2012-cus, Gold bars, other than tola bars, bearing manufacturer's or refiner's engraved serial number and weight expressed in metric units, gold coins having gold content not below 99.5% and gold findings, other than imports of such goods through post, courier or baggage attracts an effective rate of customs duty of 4%.

Now the Notification is amended to clarify what gold findings are: The Explanation inserted clarifies: "gold findings" means a small component such as hook, clasp, clamp, pin, catch, screw back used to hold the whole or a part of a piece of jewellery in place."

Notification No. , Dated: September 13, 2012

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