TMI BlogExemption to Computer etc. falling under Chapters 84 & 85X X X X Extracts X X X X X X X X Extracts X X X X ..... 62), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods specified in column (3) of the Table hereto annexed (hereinafter in this notification referred to as the "said goods") and falling under Chapter or heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in the corresponding entry in column (2) of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ftware export, software development and training announced by the Government of India in the Department of Electronics in 1986, recommending the grant of the above exemption; and (c) a certificate from the licensing authority that the importer has executed a bond accompanied by a bank guarantee for full amount of duty leviable on such goods but for the exemption contained herein, binding ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... goods if they are imported under an Open General Licence issued under section 3 of the Imports and Exports (Control) Act, 1947 (18 of 1947). TABLE Sl. No. Chapter/heading No. Description of goods Rate (1) (2) (3) (4) 1. 84.71 Computer equipments 25% 2. 84 or 85 Software accompanying the computer equipment ..... X X X X Extracts X X X X X X X X Extracts X X X X
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