Prescribing effective rate of basic excise duty on video/audio - tapes or cassettes whether recorded or not. - 74/90 - Central Excise - Tariff

Prescribing effective rate of basic excise duty on video/audio - tapes or cassettes whether recorded or not.

Notification No. 74/90-C.E.

Dated 20-3-1990

In exercise of powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table hereto annexed and falling under sub-heading No. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), specified in the corresponding entry in column (2) of the said Table, from so much of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table.

TABLE

S. No.	Sub-hea­ding No.	Description of goods	Rate
(1)	(2)	(3)	(4)
1.	8523.11	Unrecorded audio tapes in the form of jumbo rolls, pancakes, mini-pancakes, hubs or reels	Rs. 2.10 per square metre.
2.	8523.12	Unrecorded audio cassettes	Re. 1 per cassette plus Rs. 2.10 per square metre of the magnetic tape content in the cassette.
3.	8523.13	Unrecorded video tapes in the form of jumbo rolls, pancakes, mini-pancakes, hubs or reels	Rs. 10.50 per square metre.
4.	8523.14	Unrecorded video cassettes containing video tapes of width not exceeding 15 millimetres	Rs. 4 per cassette plus Rs. 10.50 per square metre on the magnetic tape content in the cassette.
5.	8523.14	Unrecorded video cassettes containing video tapes of width exceeding 15 millimetres	25% ad valorem.
6.	8524.21	Recorded audio tapes in any form	Rs. 2.10 per square metre.
7.	8524.22	Recorded audio cassettes manufactured directly from recorded tape	Rs. 1.25 per cassette plus Rs. 2.10 per square metre of the magnetic tape content in the cassette.
8.	8524.22	Recorded audio cassettes other than those covered by S. No. 7 above	Nil
9.	8524.23	Recorded video tapes in any form	Rs. 10.50 per square metre.
10.	8524.24	Recorded video cassettes con­taining video tapes of width not exceeding 15 millimetres and manufactured directly from recorded tape	Rs. 5 per cassette plus Rs. 10.50 per square metre of the magnetic tape content in the cassette.
11.	8524.24	Recorded video cassettes con­taining video tapes of width not exceeding 15 millimetres other than those covered by S. No. 10 above	Nil.
12.	8524.24	Recorded video cassettes con­taining video tapes of width exceeding 15 millimetres	25% ad valorem.