Effective rates of auxiliary duty on component parts of electronic medical equipments - 317/86 - Customs -Tariff

Effective rates of auxiliary duty on component parts of electronic medical equipments Notification No. 317/86-Cus. Dated 13-5-1986 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-section (4) of section 49 of the Finance Act, 1986 (23 of 1986), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 193/86-Customs, dated the 1st March, 1986 the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts parts (other than parts containing thermionic valves of transistors or similar semi-conductor devices or light omitting diodes or electronic micro circuits or capacitors, other than paper capacitors) required for the manufacture of medical electronic equipment, falling under Chapter 85 or Chapter 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975); when imported into India and proved to the satisfaction of the Assistant Collector of Customs to be so required for such manufacture, from so much of the auxiliary duty of customs leviable thereon under sub-section (1) of section 49 of the said Finance Act, as is in excess of the amount calculated at the rate of auxiliary duty of customs leviable under the said Finance Act, read with any relevant notification for the time being in force on the said equipment when imported complete, subject to the conditions specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 235-Customs, dated the 18th August, 1983, as amended from time to time.