Rate of auxiliary duty on component parts of simulators of aeroplanes etc. - 28/91 - Customs -Tariff

Rate of auxiliary duty on component parts of simulators of aeroplanes etc. Notification No. 28/91-Cus. Dated 14-3-1991 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-section (4) of section 3 of the Finance Act, 1991 (18 of 1991) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 15/91-Customs, dated the 5th March, 1991, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts component parts of simulators of aeroplanes and other aircrafts falling within Chapter 88 of the First Schedule to the Customs Tariff Act, 1975, (51 of 1975), when imported into India, from so much of the auxiliary duty of customs leviable thereon under sub-section (1) of section 3 of the said Finance Act as is in excess of the amount calculated at the rate of the auxiliary duty of customs leviable on component arts of aeroplanes or other aircrafts, as the case may be, under the said Finance Act read with any relevant notification for the time being in force.