Effective rates of specified goods imported by M/s. Bharat Electronics Ltd. - 71/95 - Customs -Tariff

Rescinded vide Notification No. 21/97-Cus dated 1-3-1997 Effective rates of specified goods imported by M/s. Bharat Electronics Ltd. Notification No. 71/95-Cus. Dated 16-3-1995 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts components, parts, sub-assemblies, SKD kits, CKD kits of Approach Surveillance Radar (ASR) and Mode-S Monopulse Secondary Surveillance Radar (MSSR) and spares for maintenance of such equipments falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India by M/s. Bharat Electronics Limited for further manufacture and supply to National Airports Authority of India or the International Airports Authority of India, as the case may be, from so much of the duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate of twenty five per cent ad valorem : Provided that the importer at the time of clearance produces a certificate, from the Director General of Civil Aviation, that the said goods are required to be used for the modernisation of airport facilities and recommends the grant of exemption to the said goods.