Exemption to specified goods from Special Customs duty - 12/97 - Customs -Tariff

Exemption to specified goods from Special Customs duty Notification No. 12/97-Cus. Dated 1-3-1997 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-section (4) of section 68 of the Finance (No. 2) Act, 1996 (33 of 1996), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 77/96-Customs, dated the 28th September, 1996, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in the Table below and falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, - (a) in the case of the goods specified against S. No. 1 of the said Table, from so much of the special duty of customs leviable thereon under sub-section (1) of section 68 of the said Finance Act as is equivalent to the special duty of customs calculated on the portion of the value representing the duty free allowance; (b) in the case of the goods specified against S. Nos. 11 and 12 of the said Table, from so much of the special duty of customs leviable thereon calculated per Kg. of the said goods, under sub-section (1) of the said section 68 (but for the exemption contained herein), as is equivalent to the amount by which the sum total of the duty of customs leviable thereon under the said First Schedule and the special duty of customs leviable thereon under sub-section (1) of the said section 68, calculated per Kg. of the said goods, exceeds, - (i) rupees fifty five in the case of goods specified against S. No. 11 of the said Table; and (ii) rupees one hundred in the case of goods specified against S. No. 12 of the said Table; (c) in the case of the goods specified against S. Nos. 2 to 10 and 13 of the said Table, from the whole of the special duty of customs leviable thereon under sub-section (1) of section 68 of the said Finance Act : Provided that in respect of the goods specified against, - (I) S. Nos. 3 and 4 of the said Table, the exemption under this notification shall be subject to the conditions, if any, subject to which the goods are exempt either partially or wholly from the duty of customs leviable thereon which is specified in the First Schedule to the said Customs Tariff Act; (II) S. No. 6 of the said Table, the exemption under this notification shall be subject to the conditions, subject to which the goods may be imported at Free rate of duty of customs, specified in section 4 of the said Customs Tariff Act. TABLE S. No. Description of goods falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (1) (2) 1. Any article falling under heading No. 98.03 of the said First Schedule, the value of which exceeds the duty free allowance admissible under the Baggage Rules, 1994. 2. Goods falling under heading No. 98.03 of the said First Schedule which in terms of the Baggage Rules, 1994, are, - (i) passed free of duty; or (ii) exempt from the whole of the duty of customs leviable thereon which is specified in the said First Schedule. 3. Gold and silver, - (i) including ornaments (but excluding ornaments studded with stones or pearls), imported into India or taken delivery by an eligible passenger in terms of the notifications of the Government of India in the Ministry of Finance (Department of Revenue) Nos. 171/94-Customs and 172/94-Customs, both dated the 30th September, 1994; (ii) imported in terms of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 117/94-Customs, dated the 27th April, 1994. 4. All goods falling within the said First Schedule, which are exempt from the whole of the duty of customs leviable thereon which is specified in the said First Schedule in terms of any notification of the Government of India in the Ministry of Finance (Department of Revenue and Banking, Department of Revenue and Insurance or Department of Revenue, as the case may be), for the time being in force, issued under sub-section (1) of section 25 of the Customs Act, 1962. 5. All goods falling within the said First Schedule, in the case of which Free rates of duty of customs are specified in column (4) of the said First Schedule. 6. All goods falling within the said First Schedule, in the case of which Free rates of duty of customs are specified in column (5) of the said First Schedule. 7. All goods falling under heading or sub-heading Nos. 06.01, 06.02, 0806.10, 0809.40, 1209.91, 1209.99, 3105.30, 3105.40, 4011.30, 8802.20, 8802.30, 8802.40, 8803.10, 8803.20 or 8803.30 of the said First Schedule. 8. Potassium sulphate (excluding that containing not more than 52 per cent by weight of K 2 O) falling under sub-heading No. 3104.30 of the said First Schedule. 9. Aeroplane engines falling under sub-heading Nos. 8407.10, 8411.11, 8411.12, 8411.21 or 8411.22 of the said First Schedule. 10. Parts of aeroplane engines falling under sub-heading Nos. 8409.10 or 8411.91 of the said First Schedule. 11. All goods falling under sub-heading No. 0802.11 of the said First Schedule. 12. All goods falling under sub-heading No. 0802.12 of the said First Schedule. 13. Newsprint falling under sub-heading No. 4801.00 of the said First Schedule.