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    <title>Effective basic duty of 20% ad valorem and &#039;nil&#039; additional duty on goods of Chapters 84, 85 and 90 when im­ported for renovation and modernisation of power plants subject to contain conditions</title>
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    <description>Goods of Chapters 84, 85 and 90 imported for renovation or modernisation of a power plant are exempt to the extent that customs duty exceeds an amount calculated at a basic ad valorem rate of 20% and the entire additional duty under section 3 is waived, subject to (i) certification by a Director level officer in the Central Electricity Authority that the scheme has techno economic clearance, (ii) recommendation by a Deputy Secretary level officer in the Department of Power, and (iii) an importer undertaking to use the goods as specified and to pay duty if they are not so used.</description>
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    <pubDate>Sun, 28 Feb 1993 00:00:00 +0530</pubDate>
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      <description>Goods of Chapters 84, 85 and 90 imported for renovation or modernisation of a power plant are exempt to the extent that customs duty exceeds an amount calculated at a basic ad valorem rate of 20% and the entire additional duty under section 3 is waived, subject to (i) certification by a Director level officer in the Central Electricity Authority that the scheme has techno economic clearance, (ii) recommendation by a Deputy Secretary level officer in the Department of Power, and (iii) an importer undertaking to use the goods as specified and to pay duty if they are not so used.</description>
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