Chapters 78 and 79 - 04/86 - Customs -Tariff

Chapters 78 and 79 Notification No. 4/86-Cus. Dated 2-1-1986 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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 44/83-Customs, dated the 1st March 1983, namely :— In Table annexed to the said notification, — (i) for Sl. No. 1 and the entries relating thereto, the following Sl. No. and entries shall be substituted, namely :— (1) (2) (3) "1. Heading No. 78.01— (i) waste and scrap 85 per cent ad valorem (ii) others 60 per cent ad valorem (ii) against Sl. No. 2, in column (3), for the entry, the entry "85 per cent ad valorem" shall be substituted; and (iii) against Sl. No. 5, in column (3), for the entry, the entry "85 per cent ad valorem " shall be substituted.