Exemption to specified goods falling under Chapter 84 or 85 - 186/87 - Customs -Tariff

Exemption to specified goods falling under Chapter 84 or 85 Notification No. 186/87-Cus. Dated 29-4-1987 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 column (2) of the Table hereto annexed and falling under Chapter 84 or Chapter 85 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from 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 60% ad valorem : Provided that an officer not lower in rank than a Joint Director in the Department of Electronics of the Government of India is satisfied that the goods of the kind and type in question are not manufactured in India and certifies to this effect and recommends the grant of the above exemption. TABLE Sl. No. Description of the goods (1) (2) 1. Floppy Disk Drives. 2. Winchester Disk Drives. 3. Serial printers (including Dot Matrix Printers and Daisy Wheel Printers). 4. Line Printers. 5. Printer Plotters. 6. Plotters. 7. Digitizers. 8. Graphic Display Terminal. 9. Encoders/Reader Sorters for MICR applications. 10. Magnetic Tape/Cassette Cartridge Drives. 11. Peripherals of Computer Numerical Control Systems.