Prescribes effective rates of basic duty on specified goods falling under chapter 25 and consolidates certain existing exemptions - 032/90 - Customs -Tariff

Prescribes effective rates of basic duty on specified goods falling under chapter 25 and consolidates certain existing exemptions Notification No. 32/90-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 goods specified in column (3) of the Table hereto annexed and falling under the Chapter, heading No. or sub-heading No. of the First Schedule of the Customs Tariff Act, 1975 (51 of 1975) specified in the corresponding entry in Column (2) of the said Table, 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 specified in the corresponding entry in Column (4) of the said Table. TABLE S. No. Chapter/ heading/sub-heading No. Description of goods Rate of duty (1) (2) (3) (4) 1. 25 All goods excluding the following namely :- 70% ad valorem (a) Cryolite, natural (b) Mineral phosphate, natural imported in a form indicative of their use as fertilizers (c) Sulphur of all kinds excluding insoluble sulphur (d) All other goods specified in Sl. No. 2 to 7 below 2. 25 Rutile in granular or powder form for use otherwise than for extraction of metals 70% ad valorem 3. 25.03 Insoluble sulphur 55% ad valorem 4. 25.23 Cement, all sorts 55% ad valorem 5. 25.24 Asbestos, raw including fibre 40% ad valorem 6. 25.27 Cryolite, natural 55% ad valorem 7. 2529.21 2529.22 Fluorspar 70 % ad valorem