Effective rates for specified goods falling within Chapter 15 - 12/94 - Customs -Tariff

Effective rates for specified goods falling within Chapter 15 Notification No. 12/94-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 the heading No. or sub-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. TABLE S. No. Heading No./sub-heading No. Description of goods Rate of duty (1) (2) (3) (4) 1. 15.02 Tallow 35% ad valorem 2. 15.07 Soyabean oil 35% ad valorem 3. 15.09, 15.10 All goods 45% ad valorem 4. 15.14 Rapeseed oil 35% ad valorem