https://www.taxtmi.com/notifications?id=21013 Magnetic tapes other than for sound recording imported into India are exempted from customs duty in excess of the amount calculated at the rate of 60 per cent ad valorem, provided a specified senior officer certifies that the importer is an Actual User (Industrial). The certification requirement is waived for three named importers, so the exemption operates as a conditional ad valorem duty cap tied to industrial user certification except for those listed importers. en-us Fri, 05 Jun 1987 00:00:00 +0530 Tue, 01 Sep 2009 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21013 Magnetic tapes other than for sound recording imported into India are exempted from customs duty in excess of the amount calculated at the rate of 60 per cent ad valorem, provided a specified senior officer certifies that the importer is an Actual User (Industrial). The certification requirement is waived for three named importers, so the exemption operates as a conditional ad valorem duty cap tied to industrial user certification except for those listed importers. Notifications Customs Fri, 05 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21013