Exemption to raw materials, components and parts used in the manufacture of specified goods falling under chapter 89 - 33/91 - Customs -Tariff

Exemption to raw materials, components and parts used in the manufacture of specified goods falling under chapter 89 Notification No. 33/91-Cus. Dated 19-3-1991 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. 237/87-Customs, dated the 16th June, 1987, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts raw materials, components and parts falling under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) used in the manufacture of goods falling under sub-heading Nos. 8901.10, 8901.20, 8901.30, 8902.00, 8904.00, 8905.10, 8905.90 and 8906.00 of the said First Schedule (hereinafter referred to as the said goods) in accordance with the provisions of section 65 of the first-mentioned Act from (i) the whole of the duty of customs leviable thereon which is specified in the said First Schedule; and (ii) the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act : Provided that if any of the said goods are subsequently intended to be broken, a bill of entry in respect of such said goods shall be presented to the Collector of Customs, and thereupon such said goods shall be chargeable with the duty which would be payable on such said goods as if such said goods had been imported and entered for home consumption under section 46 of the first-mentioned Act on the date of the presentation of such bill of entry to the Collector of Customs for the purposes of break up of such said goods.