Exemption to spare parts and accessories - 066/87 - Customs -Tariff

Exemption to spare parts and accessories Notification No. 66/87-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), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts spare parts and accessories, falling under Chapter 90 or 98 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), of the life saving equipments listed in the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. 208/81-Customs, dated the 22nd September, 1981, when imported into India from the whole of the duty of customs leviable thereon which is specified in the said First Schedule and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act.