Export duty on finished leather of goat, sheep etc. - 136/92 - Customs -Tariff

Export duty on finished leather of goat, sheep etc. Notification No. 136/92-Cus. Dated 1-3-1992 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 Finished leather of goat, sheep and bovine animals and of their young ones, falling under heading No. 14 of the Second Schedule to the Customs Tariff Act, 1975 (51 of 1975), when exported out of India from so much of that portion of the duty of customs leviable thereon which is specified in the said Second Schedule, as is in excess of the amount calculated at the rate of 10% ad valorem. Explanation. - In this notification, "finished leather of goat, sheep and bovine animals and of their young ones" means the leather which satisfies the standard specified for such finished leather by the Indian Standards Institution in IS:8170-1981 (w.e.f. 1-9-1981) for the time being in force.