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Indian government extends duty relief on weaving machines

Last week, the ministry of finance issued a modified notification. It stated that the government has introduced several amendments to the previous notification dated June **, **** (no **/****). According to the updated notification, shuttleless Rapier looms (bove *** meters per minute), shuttleless Waterjet looms (above *** meters per minute), and shuttleless Airjet looms (above *,*** meters per minute), along with parts and components used in the manufacturing of shuttleless looms, will remain exempt from Basic Customs Duty (BCD). This exemption is set to remain in place until March **, ****. 

After the notification was issued, Ashish P Gujarati, the president of the Pandesara Weavers Cooperative Society Limited in Surat, sent a letter to Darshanaben V Jardosh, the state minister of textiles, expressing gratitude for the government&#**;s exemption. The weaving industry had previously sent several letters requesting the extension of concessional duty on selected textile machines.