Effective duty for specified components and parts for manufacture of motor vehicles - 72/93 - Customs -Tariff

Effective duty for specified components and parts for manufacture of motor vehicles Notification No. 72/93-Cus. Dated 28-2-1993 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 components and parts of motor vehicles falling within Chapter 87 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and goods specified in column (3) of the Table hereto annexed and falling under the heading Nos. of the said First Schedule, specified in the corresponding entry in column (2) of the said Table, when imported into India, for the manufacture of motor vehicles falling within Chapter 87 of the said First Schedule, from — (a) so much of the duty of Customs which is leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as is in excess of the amount calculated at the rate of 50 per cent ad valorem; and (b) the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely :- (i) the exemption contained herein shall be applicable only to those goods which are required for the manufacture of motor vehicles; (ii) that the importer shall, within such period as the Assistant Collector of Customs may specify in this behalf, produce a certificate from the Assistant Collector of Central Precise in whose jurisdiction the factory manufacturing motor vehicles using the goods imported under this notification is situated to the effect that the said imported goods have been used in the manufacture of motor vehicles; and (iii) the importer furnishes an undertaking to the effect that — (a) the said goods shall be used for the purpose specified above; (b) an account of the said goods received and consumed in the place of manufacture for the aforesaid purpose shall be maintained in the manner specified by the Assistant Collector of Customs; (c) he shall produce the extract of such account duly certified by the jurisdictional Assistant Collector of Central Excise evidencing receipt of the said goods in the premises of the place of manufacture and the use thereof for manufacture of motor vehicles within a period of three months or such extended period as the Assistant Collector of Customs may allow; and (d) he shall pay, on demand, in the event of his failure to comply with (a), (b) or (c) above, an amount equal to the difference between the duty leviable on such quantity of the said imported goods but for the exemption contained herein and that already paid at the time of importation. TABLE Sl. No. Heading No. Description of goods (1) (2) (3) 1. 40.09 Brake hoses/radiator hoses with or without fittings. 2. 40.10 V-Belts 3. 40.11 Tyres 4. 40.13 Tubes 5. 40.16 Weather strips, oil seals 6. 70.07 Safety glass 7. 70.09 Rear-view mirrors 8. 73.18 Screws, bolts, nuts and washers 9. 73.20 Leaf springs and helical springs 10. 83.01 Locks 11. 84.07 Spark ignition reciprocating internal combustion piston engines (Petrol Engines) 12. 84.08 Compressor ignition internal combustion piston engines (Diesel Engines) 13. 84.09 Parts of engines covered under heading Nos. 84.07 and 84.08 14. 84.13 Fuel, lubricating or cooling medium pumps for in ternal combustion piston engines. 15. 84.14 Turbocharger 16. 84.82 Ball or roller bearings 17. 84.83 Crankshaft, plain shaft bearings, gears, fly wheels, clutches, universal joints 18. 84.84 Gaskets 19. 85.11 Spark plugs, fly-wheel magneto, distributor, ignition coil, starter motor, generator (alternator) and cutouts 20. 85.12 Wind screen wipers, head lights and indicator lights