Specified imported goods for manufacture of button cells - 005/89 - Customs -Tariff

Specified imported goods for manufacture of button cells Notification No. 5/89-Cus. Dated 12-1-1989 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 the goods specified in the Table annexed hereto, when imported into India for the purpose of manufacture of Button Cells, from - (a) so much of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as is in excess of the amount calculated at the rate of 25% 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) that an officer not below the rank of Additional Industrial Adviser in the Directorate General of Technical Development of the Government of India is satisfied and certifies in each case the description and quantity of the goods in question as are or will be required for the purpose specified above; and (ii) the importer furnishes an undertaking to the effect that the said imported goods shall be used for the purpose specified above and that he shall pay, on demand, in the event of his failure to comply with the aforesaid conditions, an amount equivalent to the difference between the duty leviable on such quantity of the said imported goods but for the exemption contained herein and that already paid at the time of importation. TABLE 1. Nickel Oxy Hydroxide; 2. Silicon oil; 3. Amalgamated Zinc powder; 4. Freon TDFC; 5. Freon TF; 6. Flake Graphite (CP); 7. Flake Graphite ACP; 8. Oxide Zinc powder; 9. Potassium Hydroxide; 10. Polystyrene; 11. Barrier; 12. Seperator; 13. Outer can/Top cap; and 14. Gasket/Pellet ring.