Specified goods under Chapters 85 and 86 - 50/95 - Customs -Tariff

Specified goods under Chapters 85 and 86 Notification No. 50/95-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 the goods specified in column (3) of the Table hereto annexed and falling under the heading No. or sub-heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), specified in column (2) of the said Table, when imported into India, from so much of that portion 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 25 per cent ad valorem. TABLE S. No. Heading No. or sub-heading No. Description of goods (1) (2) (3) 1. 85.01 All goods other than those falling under sub-heading 8501.10 2. 85.02 or 85.03 All goods 3. 85.04 All goods other than those falling under sub-heading 8504.10 4. 85.05 All goods falling under sub-heading Nos. 8505.20 and 8505.30; goods other than ferrite permanent magnets and articles of ferrite permanent magnets being blanks of such magnets falling under sub-heading 8505.11 5. 85.14 or 85.15 All goods 6. 8516.90 All goods 7. 85.33 Electrical resistors designed for use in circuits of 400 Volts and above or of 20 Amperes and above or for use with motors of 1.5 KW and above; or parts of aforesaid goods 8. 85.35 All goods 9. 85.36, 85.37 or 85.38 All goods falling under sub-heading No. 8537.20; goods for use in electrical circuits of 400 Volts and above or of 20 Amperes and above or for use with motors of 1.5 KW and above; or parts of aforesaid goods 10. 85.43 All goods other than those falling under sub-heading 8543.80 11. 85.45 All goods other than graphite electrodes of the kind used in furnaces 12. 85.46 or 85.47 All goods 13. 86.07 or 86.08 All goods