Eximkey - India Export Import Policy 2004 2013 Exim Policy

CUS NTF NO. 78/2009 DATE 07/07/2009

Customs duty on gold bars


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), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, shall be amended in the manner specified in the corresponding entry in column (3) of the said Table, namely:-
 

Table

S. No. Notification No. and date Amendments
(1) (2) (3)
1. No.172/1994-Customs, dated the 30th September, 1994 [G.S.R. 734(E), dated the 30th September, 1994] In the said notification, for the words, letters and figures “at the rate of Rs. 500 per kilogram”, the words, letters and figures “at the rate of Rs. 1000 per kilogram” shall be substituted.
2. No.31/2003-Customs, dated the 1st March, 2003 [G.S.R. 166(E), dated the 1st March, 2003] In the said notification, in the Table, -

(i) against S. No. 1, for the entry in column (3), the entry “Rs. 200 per 10 gms.” shall be substituted;

(ii) against S. No. 2, for the entry in column (3), the entry “Rs. 500 per 10 gms.” shall be substituted.
3. No. 62/2004-Customs, dated the 12th May, 2004 [G.S.R. 311(E), dated the 12th May, 2004] In the said notification, in the Table,-

(i) against S. No. 1, for the entry in column (3), the entry “Rs. 200 per 10 gms.” shall be substituted;

(ii) against S. No. 2, for the entry in column (3), the entry “Rs. 500 per 10 gms.” shall be substituted;

(iii) against S. No. 3, for the entry in column (3), the entry “Rs. 1000 per kg.” shall be substituted.

[F. No.334/13/2009-TRU]


(Prashant Kumar)
Under Secretary to the Government of India


Note.- (1) The principal notification No.172/1994-Customs, dated the 30th September, 1994, was published vide number G.S.R. 734(E), dated the 30th September, 1994.

(2) The principal notification No.31/2003-Customs, dated the 1st March, 2003, was published vide number G.S.R. 166(E), dated the 1st March, 2003.

(3) The principal notification No.62/2004-Customs, dated the 12th May, 2004, was published vide number G.S.R.311(E), dated the 12th May, 2004.
 

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