Seeks to increase tariff rate of basic customs duty (BCD) on tariff items
Dated 10th April 2018 | Copy of | Customs Notification No.43 |
Whereas the Central Government on being satisfied that the import duty leviable on goods falling under heading 0404 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate action.
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act, the Central Government, hereby directs that the First Schedule to the said Customs Tariff Act, shall be amended in the following manner, namely:-
In the First Schedule to the said Customs Tariff Act, in Section I, in Chapter 4, against tariff items 0404 10 10, 0404 10 20, 0404 10 90 and 0404 90 00, for the entries in column (4), the entries “40%” shall be substituted.
Sd/- (Mohit Tewari) Under Secretary to the Government of India
Issued by: Ministry of Finance (Department of Revenue)