I[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. 50/2018–Customs
New Delhi, the
30th June, 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) and in supersession of the notification of the
Government of India in the Ministry of Finance (Department of Revenue), No.
72/2005-Customs, dated the 22nd July, 2005, published in the Gazette of India,
Extraordinary, vide number G.S.R.497( E), dated the 22nd July, 2005, 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 hereto annexed and falling under the Chapter, Heading No.,
Sub-heading No. 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, -
(a)
in the case of goods specified in Part A of the said Table, when imported into
India from a country listed in APPENDIX I hereto annexed; or
(b)
in the case of goods specified in Part B of the said Table, when imported into
India from a country listed in APPENDIX II hereto annexed,
from
so much of that portion of the applied rate of duty of customs as is specified
in the corresponding entry in column (4) of the said Table:
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 said
APPENDIX I or APPENDIX II, as the case may be, in accordance with the Customs
Tariff (Determination of Origin of Goods under the Bangkok Agreement) Rules,
1976, published in the notification of the Government of India in the
Department of Revenue and Banking (Revenue Wing) No. 430-Customs, dated the 1st
November, 1976.
Explanation.
- For the purposes of this notification, "applied rate of duty" means
the standard rate of duty specified in the First Schedule to the said Customs
Tariff Act, 1975 in respect of the goods specified in the said Table, read with
any other notification for the time being in force, issued in respect of such
goods under sub-section (1) of section 25 of the Customs Act, 1962 (52 of
1962), but not including the notifications of the Government of India in the Ministry
of Finance (Department of Revenue), Nos. 236/89-Customs, dated the 1st
September, 1989 [G.S.R. 805 (E), dated the 1st September, 1989], 105/99-Customs
dated the 10th August, 1999 [G.S.R. 582 (E), dated the 10th August, 1999], and
26/2000-Customs dated the 1st March 2000 [G.S.R. 178 (E), dated the 1st March,
2000].
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