9911796707
TMI BlogEffective rates for specified goods of Chapters 91 and 98X X X X Extracts X X X X X X X X Extracts X X X X ..... ing satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (2) of the Table hereto annexed, when imported into India, from so much of that portion of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as is in excess of the amount calculated at the rate specified in the cor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Assistant Collector of Customs to have been used for the aforesaid purpose, an amount equal to the difference between the duty leviable on such parts but for the exemption contained herein and that already paid at the time of importation. 3. Components of mechanical wrist watches and quartz analog wrist watches (other than those specified at S.No. 4 below), falling within Chapter 91 of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ise in whose jurisdiction the factory manufact-uring such wrist watches is situated, to the effect that the said imported components have been used in the manufacture of the said wrist watches. 4. Component parts of mechanical wrist watches and quartz analog wrist watches, namely:- 50% ad valorem (a) Dial (b) Dial foot (c) Dial ring (d) Appliques (e) Bezel (f) Back cover (g) Bezel r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... een used for the aforesaid purpose, an amount equal to the difference between the duty leviable on such component parts but for the exemption contained herein and that already paid at the time of importation; and (iii) the importer shall, within such period as the Assistant Collector of Customs may specify in this behalf, produce a certificate from the Assistant Collector of Central Excise in who ..... X X X X Extracts X X X X X X X X Extracts X X X X
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