Effective rates for specified goods falling under Chapters 28, 29 or 30 - 23/94 - Customs -Tariff

Effective rates for specified goods falling under Chapters 28, 29 or 30 Notification No. 23/94-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 (3) of the Table hereto annexed and falling under Chapter or 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 specified in the corresponding entry in column (4) of the said Table, subject to the conditions, if any, specified in the corresponding entry in column (5) of the said Table. TABLE S. No. Chapter or heading No. Description of goods Rate of duty Condition (1) (2) (3) (4) (5) 1. 28 Radium and its salts, radio-active isotopes of iodine, phosphorous, cobalt, caesium and all chemical compounds containing such radio-active isotopes, molyb denum 99 and tech-netium 99 m isotopes 30% ad valorem - 2. 28.14 Ammonia 30% ad valorem - 3. 28 Crude iodine 30% ad valorem - 4. 28 Enriched uranium 30% ad valorem If imported for fabrication of fuel elements for use in atomic power reactors. 5. 28 Uranium oxide 15% ad valorem If imported for fabrication of fuel elements for use in nuclear power reactors. 6. 28 Heavy water 15% ad valorem If imported for use in atomic power stations. 7. 28 Lithium carbonate 30% ad valorem - 8. 28, 29 or 30 Bulk drugs Nil If used in the manufacture of life saving drugs and medicines specified under heading "A. Life Saving drugs or medicines" of the Schedule annexed to the notification No. 208/81-Customs, dated the 22nd September, 1981. Explanation. - For the purposes of this notification, "bulk drug" shall have the same meaning as assigned to it in the Drugs (Prices Control) Order, 1987 and shall include their salts, esters or derivatives, if any.