Fixation of the level of auxiliary duty on component parts of machinery imported for initial setting up etc. of specified machinery - 114/89 - Customs -Tariff

Fixation of the level of auxiliary duty on component parts of machinery imported for initial setting up etc. of specified machinery Notification No. 114/89-Cus. Dated 1-3-1989 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-clause (4) of clause 35 of the Finance Bill, 1989, which clause has by virtue of declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931) the force of law, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts parts falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) required for the purpose of initial setting up, or for the assembly or manufacture of any article specified in the Table annexed hereto when imported into India and proved to the satisfaction of the Assistant Collector of Customs, to be so required for such setting up, assembly or manufacture, from so much of the auxiliary duty of customs leviable thereon under sub-clause (1) of clause 35 of the said Finance Bill, as is in excess of the amount calculated at the rate of auxiliary duty of customs leviable under the said Finance Bill, read with any relevant notification for the time being in force, on the said article when imported complete, subject to the conditions specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 155/86-Customs, dated the 1st March, 1986. TABLE (A) Articles falling under the following heading Nos. and sub-heading Nos. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), namely :- (1) 84.01 to 84.08 (2) 84.10 to 84.13 (3) 84.14 (excluding 8414.51) (4) 84.16 (5) 84.18 (excluding heat pump and domestic refrigerators) (6) 84.19 (excluding machinery and equipment for use in aircondinioning) (7) 84.20 to 84.26 (8) 84.28 to 84.30 (9) 84.32 to 84.43 (10) 84.49, 84.50 and 8451.10 (11) 84.52 (excluding sewing machines of the household type) (12) 84.53 (13) 84.55 (14) 84.67 and 84.68 (15) 84.74 to 84.79 (16) 85.01 and 85.02 (17) 85.04 (18) 85.08 to 85.10 (19) 85.15 to 85.17 (20) 85.43 (B) Any article of the description specified below :- (1) Rock drilling bits falling under Heading No. 82.07 (2) Goods falling under Heading No. 84.17 (3) Power crane falling under Heading No. 84.26 (4) Goods falling under Heading No. 84.54 (5) Goods falling under Heading No. 85.06 (excluding Ferrite permanent magnets and articles of ferrite for permanent magnets, being blanks of such magnets). (6) Goods falling under Heading No. 85.14 (7) Electrical apparatus for making and breaking electrical circuits, for the protection of electrical circuits or for making connection to or in electrical circuits; resistors; switch boards and control panels; falling under Heading Nos. 85.33, 85.35 to 85.37 : Provided that the articles are designed for use in circuits of 400 Volts or above, or of 20 amperes or above or for use with motors of 1.5 KW or above. (8) Insulators falling under Heading No. 85.46 designed for use in circuits of 400 volts or above. (9) Goods falling under Heading Nos. 86.01 and 86.02 (10) Goods falling under Heading No. 87.01 (excluding tractors designed for transport on roads other than earthern roads). (11) Shuttle cars designed for use in mines falling under Chapter 87.