Effective rates for specified goods of Chapters 91 and 98 - 84/94 - Customs -Tariff

Effective rates for specified goods of Chapters 91 and 98 Notification No. 84/94-Cus. Dated 1-3-1994 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 (2) of the Table hereto annexed, when imported into India, from so much of that portion of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table, subject to the conditions, if any, specified in the corresponding entry in column (4) of the said Table. TABLE S. No. Description of goods Rate of Duty Condition (1) (2) (3) (4) 1. Braille watches and Braille one-day alarm clocks falling within Chapter 91 or sub-heading No. 9804.90 of the said First Schedule 10% ad valorem 2. Component parts and cases of Braille watches falling within Chapter 91 of the said First Schedule. 10% ad valorem (i) The goods are imported for the manufacture of Braille watches; (ii) the importer, executes a bond in such form and for such sum as may be prescribed by the Assistant Collector of Customs, binding himself to pay on demand, in respect of such parts as are not proved to the satisfaction of the Assistant Collector of Customs to have been used for the aforesaid purpose, an amount equal to the difference between the duty leviable on such parts but for the exemption contained herein and that already paid at the time of importation. 3. Components of mechanical wrist watches and quartz analog wrist watches (other than those specified at S.No. 4 below), falling within Chapter 91 of the First Schedule. 25% ad valorem (i) The said components are imported for manufacture of the said wrist watches; (ii) the importer executes a bond in such form and for such sum as may be specified by the Assistant Collector of Customs, binding himself to pay on demand, in respect of such quantity of the said imported comp-onents as is not proved to the satisfa-ction of the Assistant Collector of Customs to have been used for the aforesaid purpose, an amount equal to the difference between the duty leviable on such components but for the exemption contained herein and that already paid at the time of importation; and (iii) the importer produces within such period as the Assistant Collector of Customs may specify in this behalf, a certificate from the Assistant Collector of Central Excise in whose jurisdiction the factory manufact-uring such wrist watches is situated, to the effect that the said imported components have been used in the manufacture of the said wrist watches. 4. Component parts of mechanical wrist watches and quartz analog wrist watches, namely:- 50% ad valorem (a) Dial (b) Dial foot (c) Dial ring (d) Appliques (e) Bezel (f) Back cover (g) Bezel ring (h) Movement holder (i) Crown (j) Stem pipe (k) Crystal (with or without tension ring) (l) O-ring (or gasket) (m) Hands (n) Complete watch case (o) Spring bar / side bar 5. Component parts of electronic modules (including semi-knocked down packs and completely knocked down packs) of digital, analogue digi-ana and similar combination type electronic wrist watches 25% ad valorem (i) The said component parts are imported for the manufacture of such electronic modules; (ii) the importer executes a bond in such form and for such sum as may be specified by the Assistant Collector of Customs, binding himself to pay on demand, in respect of such quantity of the said imported component parts as is not proved to the satisfaction of the Assistant Collector of Customs to have been used for the aforesaid purpose, an amount equal to the difference between the duty leviable on such component parts but for the exemption contained herein and that already paid at the time of importation; and (iii) the importer shall, within such period as the Assistant Collector of Customs may specify in this behalf, produce a certificate from the Assistant Collector of Central Excise in whose jurisdiction the factory manufactu-ring such electronic modules is situated, to the effect that the said imported comp-onent parts have been used in the manufacture of the said electronic modules. Explanation :- In this notification, the expression "wrist watches" means watches which are designed primarily to show the time of the day, with or without additional features.