Seeds etc. [Chapter 12] - 038/92 - Customs -Tariff

Seeds etc. [Chapter 12] Notification No. 38/92-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 goods falling under sub-heading No. 1207.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from 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 65% ad valorem where the standard rate of duty is leviable and at the rate of 55% ad valorem where the preferential rate of duty is leviable.