Effective rate of duty for dead burnt magnesite - 474/86 - Customs -Tariff

Effective rate of duty for dead burnt magnesite Notification No. 474/86-Cus. Dated 28-11-1986 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 Government of India in the Ministry of Finance, Department of Revenue, No. 241/85-Customs, dated the 1st August, 1985, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts dead burnt magnesite having silica content less than 4% by weight and magnesium oxide not less than 90% by weight and such dead burnt magnesite having bulk density not less than 3.20 gm/c.c. and falling within Chapter 25 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 so is in excess of the amount calculated at the rate of 55 per cent ad valorem. 2. This notification shall be in force upto and inclusive of the 30th day of June, 1987.