ADDITIONAL DUTY RULES, 1976 - Customs - Additional Duties of Customs - U/s 3(3) - on raw material and components used

ADDITIONAL DUTY RULES, 1976 In exercise of the powers conferred by sub-section (3) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), and in supersession of the Notification No. 105-Customs, dated the 2nd July, 1969, of the Government of India in the Ministry of Finance (Department of Revenue and Insurance), the Central Government hereby makes the following rules, namely :- 1. Short title and commencement. - (a) These rules may be called the Additional Duty Rules, 1976. (b) They shall come into force on the date of their publication in the Official Gazette. 2. Levy of additional duty. - For the pupose of sub section (3) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the additional duty leviable on any imported article specified in column (2) of the Table annexed hereto shall be equal to the excise duty for the time being leviable on the material specified in the corresponding entry in column (3) of the said Tabel to the extent that material is used in the manufacture of the manufacture of the imported article. TABLE Sl. No.<!--?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" ?--> Name of article Name of material (1) (2) (3) 1. Omitted 2. Stainless steel manufactures for household use. Stainless steel. [Also see Notification No. 356- Cus. dated 2-8-1976 as amended by Notification No. 126/95- Cus. dated 7-8-1995]