Exemption to certain goods falling under Chapters 84 and 85 - 060/87 - Customs -Tariff

Exemption to certain goods falling under Chapters 84 and 85 Notification No. 60/87-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), and in supersession of the notification of the Govern ment of India in the Department of Revenue and Banking or in the Ministry of Finance (Department of Revenue), as the case may be, No. 281/76-Customs, dated the 17th February, 1986, No. 153/86-Customs and No. 162/86-Customs, both dated the 1st March, 1986, 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 hereto annexed and falling under heading No. or sub-heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in column (2) of the said Table, when import ed into India, from so much of that portion of duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table. THE TABLE Sl. No. Heading No. or Sub-heading No. of the First Schedule to the Customs Tariff Act, 1975. Description of goods Rate of duty (1) (2) (3) (4) 1. 84.03 Central heating boilers other than of stainless steel. 110 per cent. ad valorem . 2. 84.04 Auxiliary plants other than of stainless steel for use with boilers falling under heading No. 84.03 110 per cent. ad valorem . 3. 84.07 84.08 84.09 98.06 (a) Internal combustion piston engines designed for use in aeroplanes and parts of such engines. 3 per cent. ad valorem . (b) Outboard motors imported by any State Fisheries Corporation for fitment to boats used for fishing operation. 40 per cent. ad valorem 4. 84.14 98.06 (a) Domestic fans 70 per cent. ad valorem . (b) Gas compressors of a kind used in airconditioning equipment. 70 per cent. ad valorem . (c) Component parts of compressors over 7.5 H.P. for use in refrigera tion and airconditioning equipment. 40 per cent. ad valorem. 5. 84.15 Airconditioning machines, self-contain ed, comprising a motor-driven fan and elements for changing the tem perature and humidity of air. 70 per cent. ad valorem . 6. 8427.90 Self-propelled trucks including fork lift trucks. 60 per cent. ad valorem . 7. 8481.20 8481.30 8481.40 8481.80 (a) The following valves, namely:-Isolating valves, non-return valves, safety valves, exhaust relief valves, thermostatically controlled valves, solenoid operat ed valves, valves made of corro sion-resisting material such as stainless steel, nickel, monel, incology, haste alloy and other valves lined with rubber or other corrosion-resisting materials; 40 per cent. ad valorem . (b) Steam traps 40 per cent. ad valorem . 8. 84.82 Ball bearings, roller or needle roller bearings, excluding the following :- 100 per cent. ad valorem . plus Rs. 100 per bearing. (i) Ball bearings of all types not exceeding 60 mm bore diameter; and (ii) Roller bearings, including needle roller bearings, but excluding adapter roller bearings, not exceeding 85 mm. bore diameter. 9. 8505.11 Goods other than ferrite permanent magnets and articles of ferrite for permanent magnets being blanks of such magnets. 40 per cent. ad valorem. 10. 85.33 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. 40 per cent. ad valorem. 11. 85.36 Fuses, automatic circuit 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. 40 per cent. ad valorem. 12. 8537.10 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. 40 per cent. ad valorem. 13. 8545.19 8545.90 98.06  Carbon electrodes for electrolysers and nipples thereof. 40 per cent. ad valorem. 14. 85.46 Insulators designed for use in electrical circuits of 400 Volts or above. 40 per cent. ad valorem.