Exemption to Components of Specified Vehicles - 297/87 - Customs -Tariff

Exemption to Components of Specified Vehicles Notification No. 297/87-Cus. Dated 17-8-1987 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 exempts components of electrically operated trolley buses, electrically operated platform trucks, electrically operated works trucks, electrically operated tow tractors and battery powered road vehicles (including components of such electrically operated trolley buses, electrically operated platform trucks, electrically operated works trucks, electrically operated tow tractors and battery powered road vehicles in semi-knocked down packs and completely knocked down packs), when imported into India for the manufacture of electrically operated trolley buses, electrically operated platform trucks, electrically operated works trucks, electrically operated tow tractors and battery powered road vehicles, from, - (a) so much of that portion 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 10 per cent ad valorem; and (b) the whole of the additional duty leviable thereon under Section 3 of the said Customs Tariff Act, subject to the following conditions, namely :- (i) the exemption contained in this notification shall be applicable only to those components of electrically operated trolley buses, electrically operated platform trucks, electrically operated works trucks, electrically operated tow tractors and battery powered road vehicles (including components of such electrically operated trolley buses, electrically operated platform trucks, electrically operated works trucks, electrically operated tow tractors and battery powered road vehicles in semi-knocked down packs and completely knocked down packs) which are covered by the lists certified by an officer not below the rank of an Industrial Adviser or Additional Industrial Adviser in the Directorate General of Technical Development in the Ministry of Industry to be required for the manufacture of electrically operated trolley buses, electrically operated platform trucks, electrically operated works trucks, electrically operated tow tractors or battery powered road vehicles, as the case may be; (ii) the importer produces evidence to the Assistant Collector of Customs to the effect that the said components of electrically operated trolley buses, electrically operated platform trucks, electrically operated works trucks, electrically operated tow tractors and battery powered road vehicles (including components of such electrically operated trolley buses, electrically operated platform trucks, electrically operated tow tractors and battery powered road vehicles in semi-knocked down packs and com pletely, knocked down packs) have been imported by such im porter under a programme duly approved by the Ministry of Industry (Department of Industrial Development) and the Industrial Adviser or the Additional Industrial Adviser of the Directorate General of Technical Development in the Ministry of Industry for the manufacture of electrically operated trolley buses, electrically operated platform trucks, electrically operated works trucks, electrically operated tow tractors or battery powered road vehicles; and (iii) the importer shall furnish an undertaking to the effect that - (a) the said components shall be used for the purpose specified above; (b) an account of the said components received and consumed in the place of manufacture for the aforesaid purpose shall be maintained in the manner specified by the Assistant Collector of Customs; (c) he shall produce the extract of such account, duly certified by the manufacturer evidencing receipt of the said components in the place of manufacture within a period of 3 months or such extended period as the Assistant Collector of Customs may allow; and (d) he shall pay, on demand, in the event of his failure to comply with (a), (b) or (c) above, an amount equal to the difference between the duty leviable on such quantity of the said imported components but for the exemption contained herein and that already paid at the time of importation. Explanation. - For the purposes of this notification, the expression, - (i) "electrically operated trolley buses" means trolley buses which are run solely on electrical energy derived from an external source; (ii) "electrically operated platform trucks" means platform trucks which are run solely on electrical energy derived from one or more electrical batteries fitted to such platform trucks; (iii) "electrically operated works trucks" means works trucks which are run solely on electrical energy derived from one or more electrical batteries fitted to such works trucks; (iv) "electrically operated tow tractors" means tow tractors which are run solely on electrical energy derived from one or more electrical batteries fitted to such tow tractors; and (v) "battery powered road vehicles" means road vehicles which are run solely on electrical energy derived from one or more electrical batteries fitted to such road vehicles. 2. Nothing contained in this notification shall apply to such of the said components in respect of which the importer avails himself of the exemption under the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 7/85-Customs, dated the 16th January, 1985. 3. This notification shall be in force upto and inclusive of the 16th day of August, 1989.