Prescribes a basic duty of 50% and 15% additional duty on spare parts of computers, falling under Chapters 84, 85 or 90. - 117/90 - Customs -Tariff

Prescribes a basic duty of 50% and 15% additional duty on spare parts of computers, falling under Chapters 84, 85 or 90. Notification No. 117/90-Cus. Dated 20-3-1990 In exercise of the power 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 the spare parts falling within Chapter 84, 85 or 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and required for the purpose of maintenance of computer and computer peripherals, falling under Heading No. 84.71 of the said Customs Tariff Act, wherein imported into India from - (a) so much of that portion 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 50 per cent ad valorem; and (b) so much of that portion of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, as is in excess of the amount calculated at the rate of 15 per cent ad valorem, subject to the condition that an officer not below the rank of a Joint Director in the Department of Electronics of the Government of India is satisfied that the said goods are or will be required for the purpose specified above and certifies the description and quantity of such goods and recommends the grant of the above exemption.