Machinery and mechanical appliances - 111/86 - Customs -Tariff

Machinery and mechanical appliances Notification No. 111/86-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 (3) of the Table annexed hereto and falling under sub-heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in column (2) of the said Table, 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 (4) of the said Table. TABLE Sl. No. Sub-heading No. Description of goods Rate of duty (1) (2) (3) (4) 1. 8407.21 Outboard motors imported by any State Fisheries Corporation for fitment to boats used for fishing operation. 40% ad valorem 2. 8414.90 Component parts of compressors over 7.5 H.P. for use in refrigeration and air-conditioning equipment. 40% ad valorem 3. 8421.39 Electrostatic precipitators designed for industrial use. 40% ad valorem 2. This notification shall come into force on the 28th day of February, 1986.