Amends Notification No. 88/87-Cus. - 311/87 - Customs -Tariff

Amends Notification No. 88/87-Cus. Notification No. 311/87-Cus. Dated 15-9-1987 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 makes he following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 88-Customs, dated the 1st March, 1987, namely :- In the Table annexed to the said notification :- (i) against Serial No. 02, in column (3), for the figures, abbreviation and words "100 per cent ad valorem + Rs. 5,000 per tonne", the figures and words "30 per cent ad valorem." shall be substituted; (ii) (a) against Serial No. 04(i), in column (3), for the abbreviation, figures and words "Rs. 15,000 per tonne", the abbreviation, figures and words "Rs. 4,000 per tonne" shall be substituted, (b) against Serial No. 04(ii), in column (3), for the abbreviation, figures and words "Rs. 7,500 per tonne", the abbreviation, figures and words "Rs. 2,000 per tonne" shall be substituted; and (iii) against Serial No. 07, in column (3), for the figures and words "75%. ad valorem", the abbreviation, figures and words "Rs. 3,000 per tonne" shall be substituted.