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    <title>Effective duty of 15% on recorded magnetic tapes, CD-ROMS and floppy diskettes imported by R &amp; D institutions approved by Ministry of Science &amp; Technology</title>
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    <description>The notification limits customs duty on recorded magnetic tapes, CD ROMs and floppy diskettes imported by Ministry approved non commercial R&amp;D institutions to an effective ad valorem rate of 15% and exempts the whole of the additional duty under section 3, subject to production at clearance of a Deputy Secretary level certificate confirming the media contain educational or scientific material required for research, the institution&#039;s non commercial status, and recommendation for grant of exemption.</description>
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      <description>The notification limits customs duty on recorded magnetic tapes, CD ROMs and floppy diskettes imported by Ministry approved non commercial R&amp;D institutions to an effective ad valorem rate of 15% and exempts the whole of the additional duty under section 3, subject to production at clearance of a Deputy Secretary level certificate confirming the media contain educational or scientific material required for research, the institution&#039;s non commercial status, and recommendation for grant of exemption.</description>
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