Effective rates for specified goods of Chapter 51 - 42/94 - Customs -Tariff

Effective rates for specified goods of Chapter 51 Notification No. 42/94-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 of the description specified in column (3) of the Table hereto annexed and falling under the heading Nos. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), as is specified in the corresponding entry in column (2) of the said Table, from so much of the duty of customs leviable thereon which is specified in the said Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table. TABLE S. No. Heading No. Description of goods Rate (1) (2) (3) (4) 1. 51.01 Raw wool if imported by a registered Apex Handloom Co-operative Society, a State Handloom Development Cor poration, Khadi and Village Industries Commission, State Khadi and Village Industries Board or registered Apex State Level Khadi Federations Nil 2. 51.01 Raw wool of average fibre diameter 32 microns and above 10% ad valorem 3. 51.03 and 51.04 Waste of wool including yarn waste and garnetted stocks 35% ad valorem