CUS NTF NO. 174/1995 DATE 29/12/1995
Exempts waste and Scrap of Primary cells, primary batteries and electric accumulators
In exercise of the powers conferred sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that is is necessary in the public interest so to do, hereby exempts waste and scrap of primary cells, primary batteries and electric accumulators, of a kind specified in column (2) of the Table hereto annexed and falling under sub-heading number 8548.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much of that portion of the duty of customs leviable thereon which is specified in the First Schedule as is in excess of the amount calculated at the rate of specified in the corresponding entry in column (3) of the said Table.
TABLE
| S.No. | Description of goods | Rate |
|---|
| (1) | (2) | (3) |
|---|
| 1. | Ferrous waste and scrap | 40% ad valorem |
| 2. | Copper waste and scrap | 35% ad valorem |
| 3. | Nickel waste and scrap | 20% ad valorem |
| 4. | Lead waste and scrap | 35% ad valorem |
| 5. | Zinc waste and scrap | 35% ad valorem |
| 6. | Cadmium waste and scrap | 30% ad valorem |
2.This notification shall come into force on the first day of January, 1996.
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