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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-Section (i)

PUBLISHED BY AUTHORITY

No. 77] NEW DELHI, WEDNESDAY, MAY 3, 1967/VAISAKHA 13, 1889

Separate paging is given to this Part in order that it may be filed as a separate compilation.

MINISTRY OF FINANCE

(Department of Revenue and Insurance)

NOTIFICATION

CUSTOMS

New Delhi, the 3rd May 1967

G.S. R. 659.—in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act. 1032 (52 of 1932). the Central Government being satisfied that it is necessary in the public interest so to do, hereby exempts—

(a) helicopters imported into India predominantly for use in agricultural operations and certified by the Director General of Civil Aviation that they have been imported for such use from so much of that portion of the duty of customs leviable thereon which is specified in the First Schedule to the Indian Tariff Act, 1934 (32 of 1934), as is in excess of 15 per cent ad valorem;

(b) parts of helicopters imported into India—

from so much of that portion of duty of customs leviable thereon which is speci- fied in the said First Schedule as is In excess cf 13 per cent ad valorem;

Provided that the importer, by execution of a bond in such form and in such sum as may be prescribed by the Assistant Collector of Customs, binds himself, to pay on demand In respect of su"h parts as are not proved to the satisfaction of the Assistant Collector of Customs, within six months from the date of their importation or within such further period as the said Assistant Collector may allow beyond the period of six months, to have been used in any of the helicopters referred to in this clause, an amount equal to the difference between the duty leviable on such parts but for the exemption contained herein and that paid at the time of importation.

[No. 40/F. No. 5/77/68-Cus. I.]

D. N. LAL, Dy, Secy.