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of <h1>Government Exempts Certain Imports from Customs Duty Over 25% for Public Interest: Notification No. 114/87-Cus</h1> The Central Government, invoking its powers under the Customs Act, 1962, and the Finance Bill, 1987, exempts certain imported goods from auxiliary customs duty exceeding 25% of their value. The goods specified include lead concentrates, linear alkyl benzene, certain polyester and viscose yarns, industrial diamonds, cold rolled electrical steel sheets, specific machinery and equipment under Chapters 84 and 85, locomotives, tractors, dredging vessels, cinematographic machines and equipment, and narrow elastic tapes. This exemption is deemed necessary in the public interest, as detailed in Notification No. 114/87-Cus dated March 1, 1987.
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