Partial exemption from auxiliary duty of customs in excess of 30% ad valorem on certain specified goods - 090/88 - Customs -Tariff

Partial exemption from auxiliary duty of customs in excess of 30% ad valorem on certain specified goods Notification No. 90/88-Cus. Dated 1-3-1988 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 77 of the Finance Bill, 1988 which clause has, by virtue of the 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 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 thereon under sub-clause (1) of clause 77 of the said Finance Bill as is in excess of the amount calculated at the rate of 30 per cent of the value of such goods as determined in accordance with the provisions of section 14 of the first mentioned Act. THE TABLE Sl. No. Chapter No. in the First Schedule to the Customs Tariff Act, 1975 Description of goods (1) (2) (3) 1. 26 Lead concentrates 2. 38 Linear alkyl - Benzene 3. 39 (i) Polypropylene and copolymers of polypropylene (ii) Polystyrene and copolymers of styrene 4. 40 Goods falling under Heading No. 40.10 5. 48 Stereo flongs 6. 54 Polyester filament yarn, polyester monofil, and polyester strips; viscose filament yarn below 600 deniers and cuprammonium filament yarn 7. 58 Narrow elastic tapes 8. 59 Goods falling under Heading Nos. 59.10 and 59.11 9. 71 Industrial diamonds 10. 72 Cold-rolled Electrical Steel Sheets, grain-oriented or not. 11. 84 and 85 Goods falling under the following heading Nos. or sub-heading Nos. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), - (i) 8455.30 (ii) 8479.10 (iii) Wire coil winders falling under 8479.81 (iv) 8479.82 (v) Machinery other than for production of a commodity falling under 8479.89 (vi) 84.80 (vii) 8481.10 (viii) 8505.20 and 8505.30 (ix) 85.14 (excluding industrial and laboratory electric furnace and ovens) (x) 85.35 (xi) 8537.20 (xii) 8545.11 (xiii) Outboard motor imported by any State Fisheries Corporation for fitment to boats used for fishing operation falling under 84.07 (xiv) Goods other than ferrite permanent magnets and articles of ferrite for permanent magnets being blanks of such magnets falling under 8505.11 (xv) Electrical resistors designed for use in circuits of 400 Volts and above or of 20 Amperes and above or for use with motors of 1.5 KW and above falling under 85.33 (xvi) Fuses, automatic circuits breakers, relays, switches and other apparatus for protecting electrical circuits or for making connections, to or in electrical circuits of 400 Volts and above or of 20 Amperes and above or for use with motors of 1.5 KW and above falling under 85.36 (xvii) Goods for use in circuits of 400 Volts and above or of 20 Amperes or above or for use in 1.5 KW or above falling under 8537.10 (xviii) Carbon electrodes for electrolysers and nipples thereof falling under 8545.19 or 8545.90 (xix) Insulators designed for use in electrical circuits of 400 Volts or above falling under 85.46 12. 86 Locomotives and tenders. 13. 87 Tractors and fire-engines and parts of such tractors and fire engines. 14. 90 Machines and apparatus used in cinematographic laboratories, namely, film printing machines, film cleaning machines, cinematographic reducers and enlargers and blooping punch of sound splicing. 15. 90 Cinematographic machines, equipments and apparatus, namely, film editing machines, recording, searing and dubbing equipment and sound mixing units. 16. 96 Composing sticks.