Exemption to specified goods falling within Chapter 84 or 85 or 90
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Customs exemption for video production equipment, duty capped at a specified ad valorem rate and additional duty waived subject to certification.
The Central Government exempts specified goods within Chapter 84, 85 or 90 imported for initial setting up of a video software generation unit from customs duty in excess of the rate calculated at eighty per cent ad valorem and from the whole of the additional duty under section 3, subject to certification by an officer not below the rank of Joint Secretary in the Ministry of Information and Broadcasting that the goods are required for initial unit set up and recommend the exemption.