[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)
New Delhi, the
17th March, 2012
Notification
No. 21/2012-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)
and in supersession of the notifications of the Government of India, in the
Ministry of Finance (Department of Revenue), No. 20/2006-Customs, dated the 1st
March, 2006, published in the Gazette of India, Extraordinary, part II, Section
3, Sub-section (i), vide number G.S.R. 92 (E), dated the 1st March, 2006, and
No. 29/2010-Customs, dated the 27th February, 2010, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.
92 (E), dated the 27th February, 2010, 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,
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,
from so much of the additional duty of customs leviable thereon under
sub-section (5) of section 3 of the said Customs Tariff Act, as is in excess of
the amount calculated at the standard rate specified in the corresponding entry
in column (4) of the Table aforesaid:
Provided that in respect
of the goods specified in S. Nos. 2, 46, 70, 87 and 98, imported on or after
the 1st day of May, 2012, the exemption contained herein shall apply if the
importer, declares,-
(i)
the
State of destination where such goods are intended to be sold for the first
time after importation on payment of value added tax; and
(ii)
his
value added tax registration number in that State.
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