Effective rates for specified goods falling within Chapter 71 - 50/94 - Customs -Tariff

Effective rates for specified goods falling within Chapter 71 Notification No. 50/94-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 goods specified in column (2) of the Table hereto annexed and falling within Chapter 71 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much of the duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the rate specified in column (3) of the said Table : TABLE S. No. Description of goods Rate (1) (2) (3) 1. Raw cultured pearls (including ad-mixtures of pearls containing raw real pearls, and cultured pearls Nil 2. Real Pearl, raw or unworked 40% ad valorem 3. Rough semi-precious stones Nil