Tractors, shuttle cars etc. - 68/86 - Customs -Tariff

Tractors, shuttle cars etc. Notification No. 68/86-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 the goods specified in column (3) of the Table hereto annexed and falling under the heading No. or 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. Heading No or sub-heading No. of the First Schedule to the Customs Tariff Act, 1975. Description of goods Rate of duty (1) (2) (3) (4) 1. 87.01 Tractors other than those designed for transport on roads (other than earthen roads). 40% ad valorem 2. 8704.32 8704.90 Shuttle cars designed for use in mines. 40% ad valorem 3. 87.08 (a) Parts designed for tractors other than those designed for transport on roads; and 40% ad valorem (b) Parts of shuttle cars designed for use in mines. 40% ad valorem 2. This notification shall come into force on the 28th day of February, 1986.