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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..... try of Science 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 un .....

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..... stry of Science and Technology, certifying in each case that - (a) the magnetic tapes, CD-ROMS and floppy diskettes in respect of which exemption is claimed are recorded with educational or scientific material and are required in the research activity, (b) the Institution is not engaged in any commercial activity, and (c) the grant of exemption under this notification is recommended. - No .....

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