Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Notification No. 48/2006-Customs
Dated : May 26, 2006
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. | 5111 11 | All goods | 12.5% or Rs.115 per sq. metre, whichever is higher |
| 2. | 5111 19 | All goods | 12.5% or Rs.125 per sq. metre, whichever is higher |
| 3. | 5111 20 | All goods | 12.5% or Rs. 65 per sq. metre, whichever is higher |
| 4. | 5111 30 | All goods | 12.5% or Rs. 65 per sq. metre, whichever is higher |
| 5. | 5111 90 | All goods | 12.5% or Rs. 75 per sq. metre, whichever is higher |
| 6. | 5112 11 | All goods | 12.5% or Rs. 105 per sq. metre, whichever is higher |
| 7. | 5112 19 | All goods | 12.5% or Rs. 130 per sq. metre, whichever is higher |
| 8. | 5112 20 | All goods | 12.5% or Rs. 70 per sq. metre, whichever is higher |
| 9. | 5112 30 | All goods | 12.5% or Rs. 90 per sq. metre, whichever is higher |
| 10. | 5112 90 | All goods | 12.5% or Rs. 115 per sq. metre, whichever is higher |
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]
