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Customs Tariff Act, 1975 subject to specified conditions No.72/2017

Dated 16th August, 2017 | Copy of | Notification NO.72/2017 |

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 notification of the Government of India in the Ministry of Finance (Department of Revenue), No.27/2002-Customs dated the 1st March, 2002 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.124(E), dated the 1st March, 2002 except as respects things done or omitted to be done before such supersession, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column (1) of the Table annexed hereto, from the payment of so much of the customs duty leviable thereon under First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as specified in column (3) of the said Table and from the whole of the integrated tax leviable thereon under sub-section (7) of section 3 of the Customs Tariff Act, 1975 subject to the limitations and conditions specified in column (2) thereof, namely:-

Customs Tariff Act, 1975 subject to specified conditions No.72/2017

Customs Tariff Act, 1975 subject to specified conditions No.72/2017

Note: The goods imported under this concession shall not be eligible for drawback under sub-section (2) of section 74 of the Customs Act, 1962.

Sd/-
(Mohit Tewari)
Under Secretary to the Government of India

F.No.354/186/2017-TRU
Issued by:
Ministry of Finance
(Department of Revenue)
New Delhi

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The Dollar Business Bureau - Aug 17, 2017 12:00 IST