Exempts seamless hot-finished pipes and tubes of stainless steel from basic customs duty in excess of 60% ad valorem subject to specified end use

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....fied end use. Notification No. 86/90-Cus. Dated 20-3-1990 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 314/83-Customs, dated the 26th November, 1983, the Central Government being satisfied that it is necess....

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...., Government of India to the effect that he is registered as a manufacturer of cold-drawn seamless pipes and tubes of stainless steel with the said Directorate; (ii) the importer executes a bond in such form and for such sum as may be specified by the Assistant Collector of Customs, undertaking to pay, on demand, in respect of such quantity of the imported goods as is not proved to have been us....