Zinc concentrates [Chapter 26] - 145/86 - Customs -Tariff

Zinc concentrates [Chapter 26] Notification No. 145/86-Cus. Dated 26-2-1986 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 43 of the Finance Act, 1985 (32 of 1985), and in supersession of the notification of Government of India in the Ministry of Finance (Department of Revenue) No. 5-Customs, dated the 2nd January, 1986, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby/exempts Zinc concentrates, falling under Heading No. 26.08 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much of the auxiliary duty of customs leviable thereon under sub-section (1) of section 43 of the Finance Act, 1985 (32 of 1985), as is in excess of the amount calculated at the rate of 15 per cent of the value of such goods determined in accordance with the provisions of section 14 of the Customs Act, 1962 (52 of 1962). 2. This notification shall come into force on the 28th day of February, 1986.