Prescribes effective rates of basic duty on specified goods falling under Chapter 69 - 077/90 - Customs -Tariff

Prescribes effective rates of basic duty on specified goods falling under Chapter 69. Notification No. 77/90-Cus. Dated 20-3-1990 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 the goods specified in column (3) of the Table hereto annexed and falling under heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975 ), specified in column (2) of the said Table, when imported into India, from 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 specified in the corresponding entry in column (4) of the said Table: TABLE Sl. No. Heading No. Description of goods Rate of Duty (1) (2) (3) (4) 1 69.02 Refractory bricks of special shape or quality for use as component parts of industrial furnaces 40% ad valorem 2 69.09 All goods other than elements made of soft ferrite 55% ad valorem