Notification No. 48/2006, Dated 26 May 2006

May 26, 2006  

Notification No.48/2006-Customs

 

            G.S.R.     (E).- 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 specified in column (3) of the Table below and falling within the sub-heading 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 rate specified in the corresponding entry in column (4) of the said Table.

Table

S.No.

Sub-heading

Description of goods

Rate

(1)

(2)

(3)

(4)

1.

5111 11

All goods

12.5% or Rs.115 per sq. metre, whichever is higher

2.

5111 19

All goods

12.5% or Rs.125 per sq. metre, whichever is higher

3.

5111 20

All goods

12.5% or Rs. 65 per sq. metre,  whichever is higher

4.

5111 30

All goods

12.5% or Rs. 65 per sq. metre,  whichever is higher

5.

5111 90

All goods

12.5% or Rs. 75 per sq. metre,  whichever is higher

6.

5112 11

All goods

12.5% or Rs. 105 per sq. metre,  whichever is higher

7.

5112 19

All goods

12.5% or Rs. 130 per sq. metre,  whichever is higher

8.

5112 20

All goods

12.5% or Rs. 70 per sq. metre,  whichever is higher

9.

5112 30

All goods

12.5% or Rs. 90 per sq. metre,  whichever is higher

10.

5112 90

All goods

12.5% or Rs. 115 per sq. metre,  whichever is higher

 

Explanation.- For the purposes of this notification, the rate specified in column (4) of the Table above is ad valorem rate unless otherwise specified therein.

[F.No. 357/5/2006-TRU]

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Copyright © 2009 - 2024 www.seair.co.in. All Rights Reserved.