[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. 30/2017 – Customs
New Delhi, the
30th June, 2017
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.27/2010-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. 140 (E), dated the 27th February, 2010,
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 motion pictures, music, gaming software for
use on gaming consoles printed or recorded on media falling under headings 3706
or 8523 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),
when imported into India, from so much of the duty of customs as leviable
thereon which is specified in the said First Schedule, as is in excess of the
duties which would be leviable, if the value of the said goods, for the
purposes of sub-section (1) of section 14 of the said Customs Act, were equal
to the aggregate of-
(i) The cost of the carrier medium; and
(ii) the freight and insurance charges incurred in respect of the carrier
medium:
Provided that nothing
contained in this notification shall apply to motion pictures, music or gaming
software imported in a pre-packaged form for retail sale.
2. This
notification shall come into force with effect from the 1st day of July, 2017.
[F.No.354/119/2017-TRU]
(Gunjan Kumar
Verma)
Under Secretary to the Government of India
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