Effective rate for specified goods falling within Chapters 84 and 85 - 74/94 - Customs -Tariff

Effective rate for specified goods falling within Chapters 84 and 85 Notification No. 74/94-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, - (a) diesel engines of 2400 rpm, (b) alternators of 400 Hz, 115/200 V and 2400 rpm, and (c) oil free dry screw compressor, falling within Chapters 84 and 85 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India for manufacture of ground power units and air jet starters, from so much of 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 10 per cent ad valorem.