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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
(CENTRAL
BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 28/2019 -
Customs
New Delhi, the 02nd September, 2019
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), the Central Government, being satisfied
that it is necessary in the public interest so to do, hereby makes the following further
amendments in the notification of the Government of India in the Ministry of Finance
(Department of Revenue)
No. 57/2000-Customs, dated the 8th May, 2000 published
in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i) vide number
G.S.R. 413 (E), dated the 8th May, 2000, namely:-
2. In the said notification, -
(a) in the opening paragraph, for the portion beginning with the words, figures and
brackets “hereby exempts silver, gold and platinum, falling under headings 71.06,
71.08 and 71.10 respectively of the First Schedule to the Customs Tariff Act, 1975
(51 of 1975), when imported into India” and ending with the words, brackets and
figures “from the whole of the duty of customs leviable thereon, which is specified in
the said First Schedule, and from the whole of the additional duty leviable thereon
under sub-sections (1), (3) and (5) of section 3 of the said Customs Tariff Act”, the
following shall be substituted, namely:-
“hereby exempts silver, gold and platinum of the description specified in column
(3) of the Table below falling under headings 71.06,71.08 and 71.10 of the First
Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India
under the scheme specified in column (2) of the said Table, from so much of the duty
of customs leviable thereon under the said First Schedule as specified in the
corresponding entry in column (4) of the said Table, and from the whole of the
additional duty leviable thereon under sub-sections (1), (3) and (5) of section 3 of the
said Customs Tariff Act:-
TABLE
Sl.
No. |
Scheme under Foreign Trade
Policy |
Description
of goods |
Amount of duty |
| (1) |
(2) |
(3) |
(4) |
| 1. |
As replenishment under the
Scheme for ‘Export through
Exhibitions/Export Promotion
Tours/Export of Branded
Jewellery’ as
referred to in
Paragraph 4.46 of the Foreign
Trade Policy, read
with
relevant provisions of Chapter
4 of the Handbook of
Procedures. |
(a) Gold |
11.85 % |
| (b) Silver |
11.00 % |
| (c) Platinum |
Whole of the duty of
customs leviable thereon,
which is
specified in the
First Schedule to the
Customs Tariff Act, 1975
(51 of 1975). |
| 2 |
Under the Scheme for ‘Export
Against Supply by Nominated
Agencies’ as referred to in
Paragraph 4.41 of the Foreign
Trade
Policy, read with
relevant provisions of Chapter
4 of the Hand
Book of
Procedures. |
Gold, Silver,
Platinum |
Whole of the duty of
customs leviable thereon,
which is
specified in the
First Schedule to the
Customs Tariff Act, 1975
(51 of 1975)”; |
(b) the third proviso shall be omitted.
(F. No. DGEP/G&J/05/2017)
(Anand Kumar Jha)
Under Secretary to the
Government of India
Note. – The principal notification
No. 57/2000-Customs, dated the 8th May, 2000 was
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)
vide number G.S.R. 413 (E), dated the 8th May, 2000 and was last amended by
notification No. 78/2018-Customs, dated 29th November, 2018, published in the
Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i) vide number G.S.R.
1154 (E), dated the 30th November, 2018.
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