Prescribes effective rate of basic duty on polyvinyl acetate (PVA) fibre - 074/90 - Customs -Tariff

Prescribes effective rate of basic duty on polyvinyl acetate (PVA) fibre. Notification No. 74/90-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 poly vinyl acetate fibre falling within Chapter 55 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much 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 at fifteen per cent. ad valorem.