Exemption to certain specified goods falling under 98.06 from basic duty - 035/88 - Customs -Tariff

Exemption to certain specified goods falling under 98.06 from basic duty Notification No. 35/88-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), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (2) of the Table hereto annexed and falling under Heading No. 98.06 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from 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 40 per cent ad valorem . THE TABLE S. No. Description (1) (2) 1. Transmission or conveyor belts of plastic or textiles or vulcanised rubber and textile products and articles, for technical uses, specified in note 7 to Chapter59. 2. Rubber blankets. 3. Ceramic fibre blocks (pyro-blocks).