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Specified imported goods for use in Leather Industry - 267/89 - Customs -TariffExtract Specified imported goods for use in Leather Industry Notification No. 267/89-Cus. Dated 1-11-1989 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 goods specified in the Table hereto annexed and falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported in 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 forty per cent ad valorem ; and (b) the whole of the additional duty leviable thereon under Section 3 of the said Customs Tariff Act, subject to the following conditions, namely :- (i) the importer shall produce a valid registration-cum-membership certificate issued by the Council for Leather Exports sponsored by the Government of India in the Ministry of Commerce; (ii) the importer shall produce evidence to the effect that he is an actual user (industrial); (iii) the importer furnishes an undertaking to the Assistant Collector of Customs, at the time of importation, to the effect that - (a) the said goods shall be used for the purpose specified above; and (b) he shall, pay on demand, in the event of his failure to comply with the requirement of (a) above, an amount equal to the difference between the duty leviable on such quantity of the said goods but for the exemption contained herein and that already paid at the time of importation. TABLE Sl. No. Description of goods (1) (2) 1. Penetrators 2. Stamping foil in strips of width not exceeding 6 inches. 3. Eyelets, hooks, rings, magnetic locks/buttons, push clips, metal handle, turn-key button, key chain holder, corners, puller, fancy caps, clamps decorative rivets, handle holders, studs, sockets, buttons, all sorts, hinges, push buttons, buckles, metal frames, tacks and washers. Explanation. - In this notification, the expression "actual user (industrial)" means an industrial undertaking, which is engaged in the manufacture of leather goods for which it holds a licence or registration certificates from the appropriate Government authority.
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