Acetic Acid - 367/85 - Customs -Tariff

Acetic Acid Notification No. 367/85-Cus. Dated 23-12-1985 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, Acetic acid, falling under sub-heading No. (10) of Heading No. 29.01/45 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 of 30 per cent ad valorem. 2. This notification shall be in force upto and inclusive of the 31st day of March, 1986.