| Date: |
02-02-2018
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| Notification No: |
Notification No. 12/2018-Customs
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| Issuing Authority: |
Indian Customs
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| Type: |
Tariff
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| File No: |
F. No. 334/04/2018 -TRU |
| Subject: |
Seeks to exempt specified goods from the of levy of Social Welfare Surcharge in excess of 3%
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|
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.
| 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% |
(Ruchi Bisht)
Under Secretary to the Government of India
[F. No.
334/04/2018 -TRU]
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