Ministry of Finance TheDollarBusiness

Drawback on Gold Jewellery Silver Jewellery and Silver Articles

Dated 17th August, 2017 | Copy of | Notification NO.79/2017 |

In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962) and sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944), read with rules 3 and 4 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.131/2016-Customs (N.T.), dated the 31st October, 2016, published vide number G.S.R.1018(E), dated the 31st October, 2016, namely:-

In the said notification, in the Schedule, in Chapter-71,-

(A) against tariff item 711301,-

(i) in the entry in column (4), for the figures, “261.5”, the figures, “246.5” shall be substituted;

(ii) in the entry in column (6), for the figures, “261.5”, the figures, “246.5” shall be substituted;

(B) against tariff item 711302,-

(i) in the entry in column (4), for the figures, “3733.3”, the figures, “3513.8” shall be substituted;

(ii) in the entry in column (6), for the figures, “3733.3”, the figures, “3513.8” shall be substituted;

(C) against tariff item 711401,-

(i) in the entry in column (4), for the figures, “3733.3”, the figures, “3513.8” shall be substituted;

(ii) in the entry in column (6), for the figures, “3733.3”, the figures, “3513.8” shall be substituted.

2. This notification shall come into force from the date of its publication.

Sd/-
(Dharmvir Sharma)
Under Secretary to the Government of India

F.No.609/58/2017-DBK
Issued by:
Ministry of Finance
(Department of Revenue)
New Delhi

Note: The principal notification No.131/2016-Customs (N.T.), dated the 31st October, 2016 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 31st October, 2016 vide number G.S.R.1018(E), dated the 31st October, 2016 and was last amended by notification No.73/2017-Customs (N.T.), dated 26th July 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated 26th July 2017 vide G.S.R.954(E), dated 26th July 2017.

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