Electrical goods and equipments - 112/86 - Customs -Tariff

Electrical goods and equipments Notification No. 112/86-Cus. Dated 17-2-1986 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 goods specified in column (2) of the Table annexed hereto and falling under Chapter 85 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 as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table, subject to the conditions specified against each category in column (4) of the said Table. TABLE Sl. No. Description of goods Rate of duty Conditions (1) (2) (3) (4) 1. Equipments, such as wireless transmission system, wireless receiving system, and control and monitoring system and rearward communication link. 60% ad valorem Provided that the said goods are imported for setting up of a satellite-earth station. 2. Electric traffic control equipment and parts thereof. 55% ad valorem Provided that the said goods are required by the Railways. 2. This notification shall come into force on the 28th day of February, 1986.