CUS NTF NO. 48/2006 DATE 26/05/2006

Govt grants Customs duty benefits to woven fabrics of carded & combed wool

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table below and falling within the sub-heading of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as are specified in the corresponding entry in column (2) of the said Table, when imported into India, from so much of the duty of customs leviable thereon under the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table.

Table

S.No.	Sub-heading	Description of goods	Rate
(1)	(2)	(3)	(4)
1.	511111	All goods	10% or Rs.115 per sq. metre, whichever is higher
2.	511119	All goods	10% or Rs.125 per sq. metre, whichever is higher
3.	511120	All goods	10% or Rs. 65 per sq. metre, whichever is higher
4.	511130	All goods	10% or Rs. 65 per sq. metre, whichever is higher
5.	511190	All goods	10% or Rs. 75 per sq. metre, whichever is higher
6.	511211	All goods	10% or Rs. 105 per sq. metre, whichever is higher
7.	511219	All goods	10% or Rs. 130 per sq. metre, whichever is higher
8.	511220	All goods	10% or Rs. 70 per sq. metre, whichever is higher
9.	511230	All goods	10% or Rs. 90 per sq. metre, whichever is higher
10.	511290	All goods	10% or Rs. 115 per sq. metre, whichever is higher

(In table in col.4 "12.5%" has been replaced by “10%” vide CUS NTF NO. 35/2007 DATE 01/03/2007)

Explanation.- For the purposes of this notification, the rate specified in column (4) of the Table above is ad valorem rate unless otherwise specified therein.

[F.No. 357/5/2006-TRU]

(Ajay)
Under Secretary to the Government of India

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