Silk - 56/86 - Customs -Tariff

Silk Notification No. 56/86-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 (2) of the Table annexed hereto and falling under sub-heading No. 5006.00 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. TABLE Sl. No. Description of goods Rate of duty (1) (2) (3) 1. Silk-worm gut 100% ad valorem 2. All goods other than silk-worm gut 50% ad valorem plus Rs. 8.50 per Kg. 2. This notification shall come into force on the 28th day of February, 1986.