Goods imported by airports authorities [Heading 85.41] - 099/92 - Customs -Tariff

Goods imported by airports authorities [Heading 85.41] Notification No. 99/92-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) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 121/90-Customs, dated the 20th March, 1990, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts equipments namely, navigational, communication, air traffic control and landing equipments and spares for the maintenance of such equipments falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India by the National Airports Authority of India or the International Airports Authority of India, as the case may be, from - (a) so much 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 of 25 per cent ad valorem; and (b) the whole of the additional duty leviable thereon under section 3 of the second mentioned Act, subject to the condition that the importer at the time of clearance produces a certificate from the Director General of Civil Aviation that the said goods are required to be used for the modernisation of airport facilities and recommends the grant of exemption to the said goods.