Custom duty under 051/96 difference

[Rishi Gupta]

Dear Sir/ Madam:

Can anyone help me to know the difference between the custom duty under this act 051/96 & Normal for the product mentioned below:

1. HSN Code: 90118000

2. HSN Code: 90185090

Need support on urgent basis

please do the needful.

Thank you

Regard

Rishi Gupta

[Rajagopalan Ranganathan]

Sir,

For goods falling under sub-heading No. 90118000 the tariff rate is 7.5% and concessional rate prescribed by Notification No. 51/96 Customs dated 23.7.1996 as amended is 5% subject to fullfillment of the conditions mentioned therein.

In respect of HSN Code: 90185090 the tariff rate is 10% and concessional rate prescribed by Notification No. 51/96 Customs dated 23.7.1996 as amended is 5% subject to fullfillment of the conditions mentioned therein.

AI Summary

Concessional customs duty under a notification reduces standard tariff for specified medical instrument HSNs when conditions are met. Concessional customs duty is available for goods under HSN 90118000 and HSN 90185090 by operation of a statutory notification that prescribes reduced rates; the concession applies only upon fulfillment of the notification's eligibility and procedural conditions and therefore displaces the normal tariff for those classified goods when those conditions are met.