Exemption to Melton cloth falling within Chapter 51 - 230/90 - Customs -Tariff

Exemption to Melton cloth falling within Chapter 51 Notification No. 230/90-Cus. Dated 1-8-1990 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 Melton cloth, falling within Chapter 51 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India for use in the manufacture of footballs, from - (a) the whole of the duty of customs leviable thereon; and (b) the whole of the additional duty leviable thereon under section 3 of the second mentioned Act, subject to the following conditions, namely :- (i) the importer produces, at the time of importation, in each case a certificate from the Sports Goods Export Promotion Council to the effect that the importer is a manufacturer of footballs for purposes of exports; and (ii) the importer furnishes an undertaking to the Assistant Collector of Customs, at the time of importation to the effect that- (a) footballs manufactured out of the said imported material shall be duly exported; and (b) he shall pay, on demand, in the event of his failure to comply with (a) above, an amount equal to the difference between the duty leviable on the said imported Melton cloth but for the exemption contained herein and that already paid at the time of importation.