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imports of Hot-rolled flat products of alloy or non-alloy steel.

Dated 16th May, 2017 | Copy of | Corrigendum |

In the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.17/2017–Customs (ADD), dated the 11th May, 2017 published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (i), vide number G.S.R.455(E), dated the 11th May, 2017,-

(i) at page 14, in lines 32 and 33, for “equal to the amount as specified in the corresponding entry in column (8)” read “which is equivalent to the difference between the amount mentioned in the corresponding entry in column (8) and the landed value of the subject goods, provided the landed value is less than such amount specified in column (8)”;

(ii) at page 22, in line 51, for “Explanation.- For the purposes of this notification,” read “Explanation.- For the purposes of this notification, “landed value” of imports means the assessable value as determined by the customs under the Customs Act, 1962 (52 of 1962) and includes all duties of customs except duties levied under sections 3, 3A, 8B, 9 and section 9A of the Customs Tariff Act, 1975; and the”.

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

F.No.354/119/2016-TRU
Issued by:
Ministry of Finance
(Department of Revenue)
New Delhi

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