Exemption to goods falling under Sub-heading No. 8473.30 for maintenance of computers - 221/88 - Customs -Tariff

Exemption to goods falling under Sub-heading No. 8473.30 for maintenance of computers Notification No. 221/88-Cus. Dated 18-7-1988 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act 1962 (52 of 1962), and in supersession of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), No. 350/86-Customs, dated the 16th June, 1986 and No. 61/88-Customs, dated the 1st March, 1988, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods falling under sub-heading No. 8473.30 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and required for the purpose of maintenance of computers and computer peripherals, falling within heading No. 84.71 of the said Customs Tariff Act, when imported into India, 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 50 per cent ad valorem; and (b) so much of that portion of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, as is in excess of the amount calculated at the rate of 10 per cent ad valorem. Subject to the condition that an officer not below the rank of a Joint Director in the Department of Electronics of the Government of India is satisfied that the said goods are or will be required for the purpose specified above and certifies the description and quantity of such goods and recommends the grant of the above exemption.