[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.12/2018-Customs
New Delhi, the
2nd February, 2018
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) read with clause 108 of the Finance Bill, 2018 (
4 of 2018), which, by virtue of the declaration made in the said Finance Bill
under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force
of law, the Central Government, on being satisfied that it is necessary in the
public interest so to do, hereby exempts goods of the description specified in
column (3) of the Table below and falling within the Chapter, heading or
sub-heading or tariff item of the First Schedule to the Customs Tariff Act,
1975 (51 of 1975) as specified in column (2) of the said Table, from so much of
the Social Welfare Surcharge leviable thereon under the said clause of the
Finance Bill, as is in excess of the amount calculated at the rate specified in
column (4) of the said Table.
Table
Sl. No |
Chapter or heading or subheading or
tariff item of the First Schedule |
Description of goods |
Rate |
(1) |
(2) |
(3) |
(4) |
1 |
2710 |
Motor
spirit commonly known as petrol |
3% |
2 |
2710
19 30 |
High
speed diesel (HSD) |
3% |
3 |
7106 |
Silver
(including silver plated with gold or platinum), unwrought or in
semimanufactured forms, or in powder form |
3% |
4 |
7108 |
Gold
(including gold plated with platinum) unwrought or in semimanufactured forms,
or in powder form |
3% |
[F.No.
334/04/2018 -TRU]
(Ruchi Bisht)
Under Secretary to the Government of India
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