Prescribes basic and additional duty on machinery for manufacture of fuel-injection equipments - 066/89 - Customs -Tariff

Prescribes basic and additional duty on machinery for manufacture of fuel-injection equipments Notification No. 66/89-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), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts machinery for the manufacture of fuel injection equipments (hereinafter referred to as the goods), falling within Chapter 84 or 85 of the Customs Tariff Act, 1975 (51 of 1975), when imported into India for the purpose of manufacture of fuel injection equipments, from - (a) so much of that portion 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 of 35 per cent ad valorem; and (b) the whole of the additional duty of customs leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely - (i) the exemption contained in this notification shall be applicable only to those goods which are covered by the lists certified, as essentially required for the purposes of the manufacture of fuel injection equipments under a duly approved phased manufacturing programme of the Ministry of Industry of the Government of India, by an officer not below the rank of Additional Industrial Adviser in the Directorate General of Technical Development of the Ministry of Industry, Government of India; (ii) the importer shall produce evidence to the Assistant Collector of Customs at the time of clearance to the effect that he is operating under an approved phased manufacturing programme by the Ministry of Industry of the Government of India, for the manufacture of fuel injection equipments; and (iii) the importer shall, within such period as the Assistant Collector of Customs may specify in this behalf, produce a certificate from the Assistant Collector of Central Excise in whose jurisdiction the factory manufacturing the fuel injection equipments is situated, to the effect that the said goods have been installed in the importers own factory for the manufacture of the said fuel injection equipments.