Exemption to machinery falling within Chapter 84 or 85 imported for manufacture of instruments etc. which function with the aid of non-conventional forms of energy - 123/87 - Customs -Tariff

Exemption to machinery falling within Chapter 84 or 85 imported for manufacture of instruments etc. which function with the aid of non-conventional forms of energy Notification No. 123/87-Cus. Dated 1-3-1987 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 machinery, falling within Chapter 84 or 85 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India for the manufacture of instruments, appliances or equip ments which function with the aid of non-conventional forms of energy, 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 25 per cent ad valorem; and (b) the whole of the additional duty leviable thereon under section 3 of the second mentioned Act, subject to the following conditions, namely :- (i) the importer produces in each case a certificate from an officer not below the rank of Industrial Adviser or Additional Industrial Adviser in the Directorate-General of Technical Development of the Government of India to the effect that the said machinery are such as are not manufactured in India; and (ii) the importer produces in each case a certificate issued by an officer not below the rank of Deputy Secretary in the Ministry of Energy (Department of Non-Conventional Energy Sources) of the Government of India to the effect that the said machinery are required for the aforesaid purposes.