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Auxiliary duty - 114/87 - Customs -TariffExtract Auxiliary duty Notification No. 114/87-Cus. Dated 1-3-1987 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-clause (4) of clause 95 of the Finance Bill, 1987 which clause has, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), the force of law, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (3) of the Table annexed hereto and falling within the Chapter of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), specified in the corresponding entry in column (2) of the said Table, when imported into India, from so much of the auxiliary duty of customs leviable thereon under sub-clause (1) of clause 95 of the said Finance Bill as is in excess of the amount calculated at the rate of 25 per cent of the value of such goods as determined in accordance with the provisions of section 14 of the first mentioned Act. THE TABLE Sl. No. Chapter No. in the First Schedule to the Customs Tariff Act, 1975 Description of goods (1) (2) (3) 1. 26 Lead concentrates 2. 38 Linear Alkyl - Benzene 3. 40 Goods falling under Heading No. 40.10 4. 48 Stereo flongs 5. 54 Polyester filament yarn, polyester monofil, and polyester strips; viscose filament yarn below 600 deniers and cuprammonium filament yarn. 6. 59 Goods falling under Heading Nos. 59.10 and 59.11 7. 71 Industrial diamonds 8. 72 Cold rolled Electrical Steel sheets, grain-oriented or not. 9. 84 and 85 Goods falling under the following Heading Nos. or Sub-heading Nos. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),- (i) 8455.30 (ii) 8479.10 (iii) Wire coil winders falling under 8479.81 (iv) 8479.82 (v) Machinery other than for production of a commodity falling under 8479.89 (vi) 84.80 (vii) 8481.10 (viii) 8505.20 and 8505.30 (ix) 85.14 (excluding industrial and laboratory electric furnace and ovens) (x) 85.35 (xi) 8537.20 (xii) 8545.11 10. 86 Locomotives and tenders 11. 87 Tractors and fire-engines and parts of such tractors and fire engines. 12. 89 Dredging vessels which are for dredging operations. 13. 90 Machines and apparatus used in cinemato graphic laboratories, namely, film printing machines, film cleaning machines, cinemato graphic reducers and enlargers and blooping punch of sound splicing. 14. 90 Cinematographic machines, equipments and apparatus, namely, film editing machines, recording, searing and dubbing equipment and sound mixing units. 15. 96 Composing sticks 16. 58 Narrow Elastic Tapes
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