Partial exemption from auxiliary duty of customs in excess of 30% ad valorem on certain specified goods - 162/89 - Customs -Tariff

Partial exemption from auxiliary duty of customs in excess of 30% ad valorem on certain specified goods Notification No. 162/89-Cus. Dated 12-5-1989 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-section (4) of Section 35 of the Finance Act, 1989 (13 of 1989), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 109/89-Customs, dated the 1st March, 1989, 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 annexed hereto and falling within the Chapters of the First Schedule to 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 auxiliary duty of customs leviable thereon under sub-section (1) of Section 35 of the said Finance Act as is in excess of the amount calculated at the rate of 30 per cent of the value of such goods as determined in accordance with the provisions of Section 14 of the first mentioned Act. TABLE Sl. No. Chapter No. in the First Schedule to the Customs Tariff Act, 1975 Description of goods (1) (2) (3) 1. 26 Lead concentrates 2. 38 Linear Alkyl-Benzene 3. 39 (i) Polypropylene and copolymers of polypropylene (ii) Polystyrene and copolymers of styrene. 4. 40 Goods falling under Heading No. 40.10 5. 48 Stereo flongs 6. 54 Polyester filament yarn, polyester monofil, and polyester strips; viscose filament yarn below 600 deniers and cuprammonium filament yarn 7. 58 Narrow elastic tapes 8. 59 Goods falling under Heading Nos. 59.10 and 59.11 9. 71 Industrial diamonds 10. 72 Cold rolled Electrical Steel Sheets, grain-oriented or not. 11. 84 85 Goods falling under the following Heading Nos. or sub-heading Nos. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),- (i) 8455.30 (ii) 8479.10 (iii) Wire coil winders falling under 8479.81 (iv) 8479.82 (v) Machinery other than for production of a commodity falling under 8479.89 (vi) 84.80 (vii) 8481.10 (viii) 8505.20 and 8505.30 (ix) 85.14 (excluding industrial and laboratory electric furance and ovens) (x) 85.35 (xi) 8537.20 (xii) 8545.11 (xiii) Goods other than ferrite permanent magnets and articles of ferrite for permanent magnets being blanks of such magnets falling under 8505.11. (xiv) Electrical resistors designed for use in circuits of 400 Volts and above or of 20 Amperes and above or for use with motors of 1.5 KW and above falling under 85.33. (xv) Fuses, automatic circuit breakers, relays, switches and other apparatus for protecting electrical circuits or for making connections, to or in electrical circuits of 400 volts and above or of 20 Amperes and above or for use with motors of 1.5 KW and above falling under 85.36. (xvi) Goods for use in circuits of 400 Volts and above or of 20 Amperes or above or for use in 1.5 KW or above falling under 8537.10. (xvii) Carbon electrodes for electrolysers and nipples thereof falling under 8545.19 or 8545.90. (xviii) Insulators designed for use in electrical circuits of 400 volts or above falling under 85.46. 12. 86 Locomotives and tenders. 13. 87 Tractors and fire-engines and parts of such tractors and fire engines. 14. 90 Machines and apparatus used in cinematographic laboratories, namely, film printing machines, film cleaning machines, cinematographic reducers and enlargers and blooping punch of sound splicing. 15. 90 Cinematographic machines, equipments and apparatus, namely, film editing machines, re-recording, searing and dubbing equipment and sound mixing units. 16. 96 Composing sticks.