In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description as specified in column (3) of the Table below and falling within the Chapter or heading or sub-heading or tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as are specified in the corresponding entry in column (2) of the said Table, when imported into India, from so much of the duty of customs leviable thereon under the said First Schedule as is in excess of the amount calculated at the standard rate as specified in the corresponding entry in column (4) of the said Table, subject to any of the conditions as specified in the Annexure to this notification, the Condition No. of which is mentioned in the corresponding entries in column (5) of the said Table.
TABLE
(i) Watch dial front panel
(ii) Watch dial back panel
(iii) Key (housing part)
(iv) Key lock (housing part)
(v) Strap long side (silicone or other material(s) adjustable strap)
(vi) Strap short side (silicone or other material(s) locking strap) (vii) Strap keeper
(viii) Locking hook
(ix) Buckle
(x) Link rod for buckle
(xi) Link rod for strap
(xii) Black clothing tape
(xiii) Conductive tape
(xiv) Double sided foam tape for bio sensor
(xv) Screws.
Provided that the rate of duty specified in Column (4) against the respective description of goods mentioned in Column (3) of the Table above shall apply even when such goods are presented together in a manner so as to attract the provision of rule 2(a) of the General Rules of Interpretation of the First Schedule of the Customs Tariff Act, 1975, subject to the respective conditions specified in column (5).
ANNEXURE
2. This notification shall come into force on the 2nd day of February, 2022.
(Nitish Karnatak)
Under Secretary to the Government of India