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Evolving ITS (HS) Codes for Shuttleless Looms. A brainstorming session on. Department of Heavy Industry. July 14, 2014. Background. Shuttleless looms are in discussions.
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Evolving ITS (HS) Codes for Shuttleless Looms A brainstorming session on Department of Heavy Industry July 14, 2014
Background • Shuttleless looms are in discussions. • TUFS provides assistance textile units to purchase textile machines including shuttleless looms ( new or old) from India or abroad. • A CoS had recommended policy changes for import of secondhand capital goods including shuttleless looms. • However age restrictions were to be decided sect orally. • TUFS provides assistance upto 10 years old machines. • Import policy do not restrict the age. • TMMA had represented against CITI recommendation to Finance Ministry to bring down duties on various Textile Machines to zero on grounds of most of them being imported , since not made in India. • Upon examination it was found that imports are dominantly in shuttleless looms of 450 rpm and more in secondhand condition for rapier, airjet/ water and projectile looms. Multi colour/ phase looms are not generally imported. • However no data of second hand imports is captured, since ITC(HS) codes for shuttleless looms do not reflect any sub-categarization. • It was also said that many imports happen through general headings. • DHI_ TMMA – CMTI have undertaken phased development of high speed shuttleless looms. • A need to evolve further classification of shuttleless looms was felt. • Hence this meeting.
Present ITS (HS ) Codes for Shuttleless Looms ITC (HS ) codes not provide classification for New Old Refurbished/ reconditioned Type of technology (Rapier, airjet, waterjet, projectile, 3D/ multi colour / future technologies, Variation in cams and other add on features.
Hence the meeting. Present ITC (HS) for Shuttleless looms not amenable to Data capture and policy implementation