[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of
India
Ministry of
Finance
(Department of
Revenue)
Notification
No. 12/2012-Customs
New Delhi, the
17th March, 2012
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 notification of the
Government of India in the Ministry of Finance ( Department of Revenue), No.
21/2002- Customs, dated the 1st March, 2002 Published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 118(E)
dated the 1st March, 2002, except as respects things done or omitted to be done
before such supersession, the Central Government, 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 or column (3) of the
said Table read with the relevant List appended hereto, as the case may be, and
falling within the Chapter, heading, 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,-
(a) 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 specified in the corresponding
entry in column (4) of the said Table;
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