Description of goods

Conditions

(1)

(2)

1. All goods falling under Chapter
   82, Chapter 84, Chapter 85, Chapter
   90, heading 6805, grinding wheels
   and the like, and parts thereof falling
   under heading 6804 but excluding
   any equipment or appliance used in an office;
   
2. pollution control equipment;
   
3. components, spares and
   accessories of the goods specified
   at (i) and (ii);
   
4. moulds and dies;
   
5. refractories and refractory materials;
   
6. tubes and pipes and fittings thereof; and
   storage tank.
   

If-
(i) intended for manufacture of the following goods namely:-

1. All semiconductors;
   
2. Displays, including:
   (a) Liquid Crystal Devices (LCDs);
   (b) Organic Light Emitting Diodes(OLED);
   (c) Plasma Display Panels (PDP);
   (d) Any other emerging displays;
   
   
3. Storage devices;
   
4. Solar cells;
   
5. Photovoltaics;
   
6. Other advanced micro and nano technology products;
   
7. Assembly and test of all the above;

(ii) importer has obtained necessary approval for the
manufacture of the goods mentioned at (i) above, vide
notification of the Government of India Department of
Information Technology No. 3(1)/2007-IPHW (SIPS); and

(iii) if the importer at the time of import-

1. furnishes a certificate from an officer not below the rank of a
   Deputy Secretary to the Government of India in the Department
   of Information Technology, Government of India, to the effect
   that the imported goods (in respect of description, quantity and
   technical specifications) are required for the manufacture of
   goods mentioned at (i) above; and
   
   
2. furnishes an undertaking to the Deputy Commissioner of
   Customs or the Assistant Commissioner of Customs, as the
   case may be, to the effect that the imported goods shall be
   used for the above purpose and he shall pay, on demand, in the
   event of his failure to use the imported goods for the above
   purpose, an amount equal to the difference between the duty
   leviable on such quantity of the imported goods but for the
   exemption under this notification and that already paid at the
   time of importation.