The Gazette of India
EXTRAORDINARY
PART II—Setciion 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 1] NEW DELHI, WEDNESDAY. JANUARY 1, 1969/PAUSA 11, 1890
Separate paging is given to this Part in order that It may be filed as a separate compilation.
MINISTRY OF FINANCE
(Department of Revenue & Insurance)
NOTIFICATIONS
CUSTOMS
New Delhi, the 1st January 1969
G.S.R. 31.—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 synthetic abrasive grains or powder imported into India for the manufacture of grinding wheels or coated abrasives 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 27½ per cent ad valorem:
Provided that the importer, by the execution of a bond in such form and in such sum. as may be prescribed by the Assistant Collector of Customs, binds him- self to pay on demand in respect of such quantity of synthetic abrasive grains or powder as is not proved to the satisfaction of the Assistant Collector of Customs to have been used for the aforesaid purpose, an amount equal to the difference between the duty leviable on such quantity but for the exemption contained here- in and that already paid at the time of importation.
[No. 2/F. No. 5/138/68-Cus. I.]
2 THE GAZETTE OF INDIA EXTRAORDINARY [PART II-SM5. 5(iJ,'Provided that the. importer shall, by the execution of a bond; In such form and in such sum as may be prescribed by the Assistant Collector of Customs, binds himself to ^jay on demand in respect of such quantity of the backing paper and backing board as is not proved- to the satisfaction of the Assistant Collector of Customs to have been used for the aforesaid purbosS aft ^RO^hV edIM- to the difference: between the duty leviable on such quantity But-ftp the etftnnmoH con- tained herein and that already paid at the time of imtiortertl&n.
2. This notification shall be in force upto and inclusive of the 28th February, 1&"9.
[No. 3/F. No. 5/136/68-Cus. I.]
G.8.B. 33,—In exercise of the powers conferred by sub-section (1) Of aection 2S of the Customs Act. 19&2 (52 of 1962), the Central Government, being satis- fied that it is necessary in the public interest so to do, hereby exempts goods falling under the Item of the First Schedule to the Indian Tariff Act, 1934 (32 of 1934) specified in column (2) of the Table below, when imported into India, from so much of that portion of the duty of customs leviable thereon, which is specified in the said Schedule as is in excess of the rate specified in the corresponding entry in column (3) of the said Table.
TABLE
Serial No.
, Hate of duty Item No. in the First Schedule to the Indian Tariff Act, 1934
(3)
(2)
(1)
1. 75(9) 50 per cent ad valorem. 2. 75(10) 90 per cent ad valorem. 3. 75(11)' 50 p*r cent ad valorem 4, 75(12) 50 per cent ad valorem. 5. 75(14) 50 per cent ad valorem.
[N6. 4/F. No. 9/3/68-Cus. I.]
M. G. ABROL, J1. Secy.