Parts imported for the purpose of setting up for the assembly or manufacture of specified articles falling under chapter 84 or 85 - 364/86 - Customs -Tariff

Parts imported for the purpose of setting up for the assembly or manufacture of specified articles falling under chapter 84 or 85 Notification No. 364/86-Cus. Dated 20-6-1986 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 makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 155/86-Customs, dated the 1st March, 1986, namely : In the said notification, - (1) in the opening portion, - (i) the words and figures and brackets "falling within Chapters 84 or 85 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)," shall be omitted; (ii) for the words "any article specified in the Table", the words "any article specified in column (2) of the Table" shall be substituted; (iii) for the words and figures "in the said First Schedule as is in excess of the amount calculated at the rate applicable to the said article when imported complete reduced by 15% ad valorem " the words and figures "in the corresponding entry in column (3) of the said Table" shall be substituted; (2) for the Table and the Explanation below it the following Table and Explanation shall be substituted, namely : TABLE Sl. No. Description Rate of duty (1) (2) (3) 1. Any Article falling under the following heading Nos. and sub-heading Nos. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), namely : The rate which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as is in excess of the amount calculated at the rate applicable to the said article when imported complete reduced by 15% ad valorem . (a) 84.01 to 84.08 (b) 84.10 to 84.13 (c) 84.14 (excluding 8414.51) (d) 84.16 (e) 84.18 (excluding heat pump and domestic refrigerators) (f) 84.19 (excluding machinery and equipment for use in airconditioning (g) 84.20 to 84.26 (h) 84.28 to 84.30 (i) 84.32 to 84.46 (j) 84.47 and 84.48 (excluding domestic knitting machines and auxiliary machinery for use with the domestic knitting machines) (k) 84.49 to 84.51 (l) 84.52 (excluding Sewing Machines of the household type) (m) 84.53 (n) 84.55 and 84.65 (o) 84.67 and 84.68 (p) 84.74 to 84.79 (q) 85.01 and 85.02 (r) 85.04 (s) 85.08 to 85.10 (t) 85.15 to 85.17 (u) 85.43 2. Any Article of the description specified below : The rate which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as is in excess of the amount calculated at the rate applicable to the said article when imported complete. (a) Rock Drilling Bits falling under Heading No. 82.07 (b) Goods falling under heading No. 84.17 (c) Power cranes falling under heading No. 84.26 (d) Goods falling under heading No. 84.54 (e) Goods falling under heading No. 85.05 excluding Ferrite Permanent Magnets and articles of ferrite for permanent magnets, being blanks of such magnets; (f) Goods falling under heading No. 85.14; (g) Electrical apparatus for making and breaking electrical circuits, for the protection of electrical circuits or for making connections to or in electrical circuits; resistors; switch boards and control panels, falling under heading Nos. 85.33, 85.35, 85.36 and 85.37; Provided that the articles are designed for use in circuits of 400 volts or above, or of 20 amperes or above or for use with meters of 1.5 kilowatts or above; (h) Insulators falling under heading No. 85.46 designed for use in circuits of 400 volts or above; (i) Goods falling under heading Nos. 86.01 and 86.02; (j) Goods falling under heading No. 87.01 excluding tractors designed for transport on roads other than earthen roads; (k) Shuttle cars designed for use in mines falling under Chapter 87. Explanation. - In this notification, the expression "the rate applicable (1) in respect of the articles specified in Sl. No. 1 of the Table above, the rate applicable to the said article which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) or which is so specified read with any of the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), namely, No. 153/86-Customs, dated the 1st March, 1986, No. 154/86-Customs, dated the 1st March, 1986 and No. 162/86-Customs, dated the 1st March, 1986; and (2) in respect of the articles specified in Sl. No. 2 of the Table above, the rate applicable to the said article which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) or which is so specified read with any of the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), namely : No. 65/86-Customs, dated the 17th February, 1986, No. 68/86-Customs, dated the 17th February, 1986, No. 153/86-Customs, dated the 1st March, 1986, No. 156/86-Customs, dated the 1st March, 1986 and No. 162/86-Customs, dated the 1st March, 1986."