Exemption to machinery, equipment supplied to LRSAM

By Vijay Kumar

Government has exempted 'Machinery, equipment, instruments, components, spares, jigs, fixtures, dies, tools, accessories, computer software, raw materials and consumables required for the Long Range Surface to Air Missile (LR-SAM) Programme of Ministry of Defence'

If,-

(i) supplied to the ProgrammeLR-SAM under the Ministry of Defence; and

(ii) before clearance of the said goods, a certificate from the Programme Director, ProgrammeLR-SAM to the effect that such goods are intended for the said Programme LR-SAM, is produced to the proper officer.

This notification is valid till 31st day of May, 2011. Notification No. 64/95-Central Excise, dated the 16th March, 1995 is amended.

Identical exemption is given for exemption from customs duty also.

LRSAM stands for Long Range Surface-to-Air Missile. It is joint development programme of DRDO, Indian Navy and IAI, Israel. It has a range of 70 km using dual pulse rocket motor and active radar seeker in terminal phase and inertial/ mid-course update for guidance.

NOTIFICATION NOs. , Dated: July 10, 2007 and , Dated: July 10, 2007