Effective duty of 15% on recorded magnetic tapes, CD-ROMS and floppy diskettes imported by R & D institutions approved by Ministry of Science & Technology

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..... e & Technology Notification No. 68/93-Cus. Dated 28-2-1993 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 recorded magnetic tapes, compact Disc - Read Only Memory (CD-ROMS) and floppy diskettes falling under the heading No. 85. .....

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