| Date: |
02-02-2018
|
| Notification No: |
Notification No. 21/2018-Customs
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Tariff
|
| File No: |
F. No. 334/04/2018-TRU |
| Subject: |
Seeks to exempt Additional Duty of Customs (CVD), in lieu of Additional Duty of Excise (Road and Infrastructure Cess) levied under clause 110 of the Finance Bill, 2018
|
|
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 21 /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 110 of the
Finance Bill, 2018 (4 of 2018), which, by virtue of the declaration made in the
said Finance Act 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 motor spirit
commonly known as petrol and high speed diesel oil, falling under heading 2710
of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when
imported into India, from so much of the additional duty of customs leviable
thereon under sub-section (1) of section 3 of the said Customs Tariff Act, as is
equivalent to the additional duty of excise (Road and Infrastructure Cess)
leviable on motor spirit commonly known as petrol and high speed diesel oil
under the aforesaid clause 110 of the Finance Bill, 2018.
(Ruchi Bisht)
Under Secretary to the Government of India
[F. No.
334/04/2018-TRU]
|
|
|