Presentation is loading. Please wait.

Presentation is loading. Please wait.

EVOLVING ITS (HS) CODES FOR SHUTTLELESS LOOMS Department of Heavy Industry July 14, 2014 A brainstorming session on.

Similar presentations


Presentation on theme: "EVOLVING ITS (HS) CODES FOR SHUTTLELESS LOOMS Department of Heavy Industry July 14, 2014 A brainstorming session on."— Presentation transcript:

1 EVOLVING ITS (HS) CODES FOR SHUTTLELESS LOOMS Department of Heavy Industry July 14, 2014 A brainstorming session on

2 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.

3 Present ITS (HS ) Codes for Shuttleless Looms 8446machines (looms) 844610For weaving fabrics of a width not exceeding 30 cm: 844610Cotton weaving machines : 84461011Cotton weaving machines: Automatic, powerloom 84461012Cotton weaving machines: Plain, powerloom 84461019Cotton weaving machines: Other 84461090Cotton weaving machines: Other 84461090Cotton weaving machines: Other 844621Power looms: 84462110Power looms: Cotton weaving machines, automatic 84462190Power looms: Other 844629Other : 84462910Other: Cotton weaving machines 84462990Other: Other 844630For weaving fabrics of a width exceeding 30 cm. shuttle less type: 844630Cotton weaving machines :WeavingWeaving 84463011Cotton weaving machines: Automatic, powerloom 84463012Cotton weaving machines: Plain, powerloom 84463019Cotton weaving machines: Other 84463090Cotton weaving machines: Other ITC (HS ) codes not provide classification for I.New II.Old III.Refurbished/ reconditioned IV.Type of technology (Rapier, airjet, waterjet, projectile, 3D/ multi colour / future technologies, V.Variation in cams and other add on features.

4 Present ITC (HS) for Shuttleless looms not amenable to Data capture and policy implementation Hence the meeting.


Download ppt "EVOLVING ITS (HS) CODES FOR SHUTTLELESS LOOMS Department of Heavy Industry July 14, 2014 A brainstorming session on."

Similar presentations


Ads by Google