Partial exemption from auxiliary duty of customs in excess of 5% ad valorem on specified goods - 160/89 - Customs -Tariff

Partial exemption from auxiliary duty of customs in excess of 5% ad valorem on specified goods Notification No. 160/89-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. 107/89-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 there on under sub-section (1) of Section 35 of the said Finance Act as is in excess of the amount calculated at the rate of 5 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 of the First Schedule to Customs Tariff Act, 1975 Description of goods (1) (2) (3) 1. 8 Dates dry all qualities but excluding seedless and raisins. 2. 8 Almond in hard shell. 3. 14 Wattle Bark. 4. 26 Zinc Concentrates. 5. 27 Mineral grease (including petroleum jelly) and Lubricating oil. 6. 37 Photopolymer (relief image) plates. 7. 44 (i) wood in the rough; (ii) wood roughly squared and half-squared, but not further manufactured. 8. 52 Cotton Raw. 9. 53 Flax, Ramie, Sisal and Manila Hemp fibre. 10. 76 Aluminium waste and scrap. 11. 82 Blades/knives for leather shaving machine. 12. 90 Polymer plate processing equipment. 13. 90 Automatic film processor for use in the printing industry. 14. 90 Colour scanner. Explanation :- In this notification, "lubricating oil" means any oil as is ordinarily used for lubrication, excluding any hydrocarbon oil which has its flash point below 93.3° centigrade.