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CUS NTF NO. 45/1995 DATE 16/03/1995

Exemption of Custom Duty in excess of 10% ad valorem

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 all goods falling under sub-heading No. 8908.00 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 said First Schedule as is in excess of 10 per cent ad valorem.

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