Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Date: 14-09-2007
Notification No: CUSTOMS Notification No 102/2007
Issuing Authority: Indian Customs  
Type: Tariff
File No: 354/129/2007-TRU
Subject: Exemption granted to Additional Customs duty on imported goods

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification No. 102/2007-Customs

New Delhi, the 14th September, 2007

  1. 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, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods falling within the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India for subsequent sale, from the whole of the additional duty of customs leviable thereon under sub-section (5) of section 3 of the said Customs Tariff Act (hereinafter referred to as the said additional duty).

  2. The exemption contained in this notification shall be given effect if the following conditions are fulfilled:
    1. the importer of the said goods shall pay all duties, including the said additional duty of customs leviable thereon, as applicable, at the time of importation of the goods;

    2. the importer, while issuing the invoice for sale of the said goods, shall specifically indicate in the invoice that in respect of the goods covered therein, no credit of the additional duty of customs levied under sub-section (5) of section 3 of the Customs Tariff Act, 1975 shall be admissible;
    3. the importer shall file a claim for refund of the said additional duty of customs paid on the imported goods with the jurisdictional customs officer;

    4. the importer shall pay on sale of the said goods, appropriate sales tax or value added tax, as the case may be;

    5. the importer shall, inter alia, provide copies of the following documents alongwith the refund claim:
      1. document evidencing payment of the said additional duty;
      2. invoices of sale of the imported goods in respect of which refund of the said additional duty is claimed;
      3. documents evidencing payment of appropriate sales tax or value added tax, as the case may be, by the importer, on sale of such imported goods.

  3. The jurisdictional customs officer shall sanction the refund on satisfying himself that the conditions referred to in para 2 above, are fulfilled.

(S.Bajaj)
Under Secretary to the Government of India
F.No. 354/129/2007-TRU

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 02-12-2021
Notification No.96/2021 - Customs (N.T.)
Exchange rates Notification No.96/2021-Cus (NT) dated 2.12.2021

Date: 30-11-2021
Notification No. 95/2021-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 25-11-2021
Notification No.94/2021 - Customs (N.T.)
Exchange rates Notification No.94/2021-Cus (NT) dated 25.11.2021

Date: 24-11-2021
Notification No.93/2021 - Customs (N.T.)
Exchange rates Notification No.93/2021-Cus (NT) dated 24.11.2021

Date: 18-11-2021
Notification No.92/2021 - Customs (N.T.)
Exchange rates Notification No.92/2021-Cus (NT) dated 18.11.2021

Date: 15-11-2021
Notification No. 91/2021-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 03-11-2021
Notification No.90 /2021 - Customs (N.T.)
Exchange rates Notification No.90/2021-Cus (NT) dated 03.11.2021

Date: 03-11-2021
Notification No.52 /2021-Customs
Seeks to amend Notification No. 18/2019-Customs reducing Road and Infratructure Cess (RIC) on Petrol and Diesel.

Date: 29-10-2021
Notification No.88/2021 - Customs (N.T.)
Exchange rates Notification No.88/2021-Cus (NT) dated 29.10.2021

Date: 29-10-2021
Public Notice No. 32/2015-2020
Amendment in Para 2.76 of Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 regarding export of SCOMET items from DTA to SEZ/EOU and outside the country



Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001