Exemption to specified goods imported for manufacture of leather chemicals - 386/86 - Customs -Tariff

Exemption to specified goods imported for manufacture of leather chemicals Notification No. 386/86-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 column (3) of the Table hereto annexed and falling within the Chapter or Chapters of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in the corresponding entry in column (2) of the said Table, when imported into India by a leather chemical manufacturing unit for the manufacture of leather chemicals, 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, as is in excess of forty-five per cent ad valorem ; and (b) the whole of the additional duty, wherever leviable thereon under section 3 of the said Customs Tariff Act, subject to the following condition, namely :- The importer produces a certificate from an officer not lower in rank than Industrial Adviser in the Directorate General of Technical Development of the Government of India specifying in each case the description and quantity of each chemical in question and the description of the end product, and recommends grant of the above exemption. THE TABLE Sl. No. Chapter or Chapters of the First Schedule to the Customs Tariff Act, 1975 Description of the goods (1) (2) (3) 1. 29 Phenol 2. 27 Naphthalene 3. 27 Paraffin wax 4. 29 Dicarboxylic acid 5. 29 Acrylic Acid/Methacrylic Acid 6. 29, 38. Synthetic substitute for Sperm oil 7. 29, 38 Synthetic substitute for 8. 15, 29 Alcohol mixture of C 9 , C 10 , C 11