[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART II, SECTION 3, SUBSECTION (i)]
GOVERNMENT OF
INDIA
MINISTRY OF
FINANCE
(DEPARTMENT OF
REVENUE)
Notification
No. 125/2011-Customs
New Delhi, dated
the 30th December, 2011
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), and in
supersession of the notifications of the Government of India, in the Ministry
of Finance (Department of Revenue), No. 67/2006-Customs, dated the 30th June,
2006 [G.S.R.393 (E), dated the 30th June, 2006] and No. 68/2006-Customs, dated
the 30th June, 2006 [G.S.R.394 (E), dated the 30th June, 2006], except as
respects things done or omitted to be done before such supersession, 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 hereto annexed and falling under the Chapter, Heading,
Sub-heading or Tariff item of the First Schedule to the Customs Tariff Act,
1975 (51 of 1975), and specified in the corresponding entry in column (2) of
the said Table, from so much of the duty of customs leviable thereon as is in
excess of the amount calculated at the rate specified in the corresponding
entry in column (4) of the aforesaid Table, when imported into India from a
country listed in APPENDIX to this notification:
Provided
that the importer proves to the satisfaction of the Deputy Commissioner of
Customs or Assistant Commissioner of Customs, as the case may be, that the
goods in respect of which the benefit of this exemption is claimed, are of the
origin of the country listed in the APPENDIX in accordance with the Rules of
Determination of Origin of Goods under the Agreement on South Asian Free Trade
Area (SAFTA), 2006, published in the notification of the Government of India in
the Ministry of Finance (Department Revenue) No 75/2006-Customs(NT) dated the
30th June,2006.
2. Nothing
contained in this notification shall be applicable to goods specified in the
ANNEXURE.
3. This
notification shall come into force with effect from the 1st day of January
2012.
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