Exemption of basic duty and whole of additional duty on specified leather preservative chemicals falling within Chapter 29 or 38 imported for use in leather industry - 059/91 - Customs -Tariff

Exemption of basic duty and whole of additional duty on specified leather preservative chemicals falling within Chapter 29 or 38 imported for use in leather industry Notification No. 59/91-Cus. Dated 25-7-1991 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 thio cyano methyl thio benzothiazole (TCMTB), para chloro meta cresol (PCMC) and formulations containing any one or both of these chemicals, falling within Chapter 29 or 38 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, for use in the leather industry, from - (a) 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 45 per cent ad valorem, and (b) the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act: Provided that the exemption contained in this notification shall apply only if the importer produces a certificate from an officer designated for this purpose by the Government of India in the Ministry of Commerce specifying in each case the description and quantity of each chemical in question and recommends grant of above exemption.