Exemption to specified goods used in leather industry - 388/86 - Customs -Tariff

Exemption to specified goods used in leather industry Notification No. 388/86-Cus. Dated 29-7-1986 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 the goods specified in the Table below and used in the leather industry, from 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 forty-five per cent ad valorem . THE TABLE S. No. Description (1) (2) 1. Synthetic fat liquors (with or without hydrocarbons), Non-ionic fat liquors and mixture thereof. 2. Syntans.