GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)
Notification No. 51/2017- Customs
New Delhi, the 30th June, 2017
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
notifications of the Government of India, in the Ministry of Finance (Department
of Revenue),
No. 21/2012-Customs, dated the 17th March, 2012, published in the
Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide
number G.S.R 194 (E), dated the 17th March, 2012, except as respects things done
or omitted to be done before such supersession, the Central Government, on being
satisfied that it is necessary in the public interest so to do, hereby exempts
the goods of the description as specified in column (3) of the Table below,
falling within the Chapter, heading, sub-heading or tariff item of the First
Schedule to the Customs Tariff Act, 1975 (51 of 1975) as are specified in the
corresponding entry in column (2) of the said Table, when imported into India,
from so much of the additional duty of Customs leviable thereon under
sub-section (5) of section 3 of the said Customs Tariff Act, as is in excess of
the amount calculated at the standard rate as specified in the corresponding
entry in column (4) of the said Table.
TABLE
S. No |
Chapter, heading, sub- heading or tariff item of the First Schedule
|
Description of goods |
Standard rate |
(1) |
(2) |
(3) |
(4) |
1 |
27 |
Petroleum crude, petrol, diesel, petroleum gases and fuels |
Nil |
2 |
27 |
Compressed natural gas for use in the transport sector. |
Nil |
2. This notification shall come into force with effect from the 1st day of
July, 2017.
(Mohit Tewari) Under Secretary to the Government of India [F.
No. 354/119/2017-TRU]
|