Eximkey - India Export Import Policy 2004 2013 Exim Policy
CUS NTF NO. 08/2012 DATE 09/03/2012

Exempting customs duty on remnant turbine fuel consumed during an aero show organised by the central government

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, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 3/89-Customs, dated the 9th January, 1989, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 12 (E), dated the 9th January, 1989, namely:-

In the said notification,-

(i) in condition (2), in the proviso, in clause (ii), for the word “fuels”, the words “fuels other than aviation turbine fuel consumed during aero show” shall be substituted;

(ii) after paragraph 2, the following paragraph shall be inserted,-

“3. Notwithstanding anything contained in the preceding paragraphs, the exemption contained in this notification shall be available to aviation turbine fuel contained as remnant fuel in the aircraft when they arrive from outside India and which are consumed during an aero show.”;

(iii) in Schedule II, after serial number 5 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

“6. Aero show organised by the Central Government.”

[F.No.354/345/2011 –TRU]

(Samar Nanda)
Under Secretary to the Government of India


Note. - The principal notification No.3/1989-Customs, dated the 9th January, 1989 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide G.S.R. 12 (E), dated the 9th January, 1989 and was last amended vide notification No.133/1999-Customs, dated the 27th December, 1999 which was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 823 (E), dated 27th December, 1999.
 

Presented by eximkey.com

Trade Intelligence
Search for latest information on item wise exports and imports, from all major Indian ports.

Username
Password