CUS NTF NO. 87/2017 DATE 17/11/2017
Amendments in the notification regarding increase the BCD on oil
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, Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-
In the said notification, in the Table,-
(i) against serial number 57, in column (4) against clauses (A), (B) and (C) of item II of column (3), for the entry “15%” the entry “30%”” shall be substituted;
(ii) against serial number 61, in column (4), for the entry “17.5%” the entry “30%”” shall be substituted;
(iii) against serial number 62, in column (4), for the entry “20%” the entry “35%”” shall be substituted;
(iv) against serial number 63, in column (2), for the entry “1508, 1509, 1510, 1512, 1513, 1514 or 1515” the entry “1508, 1509, 1510, 1512 (other than 1512 11 10), 1513, or 1515” shall be substituted;
(v) against serial number 64, in column (2), for the entry “1508, 1509, 1510, 1512, 1513, 1514 or 1515” the entry “1508, 1509, 1510, 1512 (other than 1512 19 10), 1513, or 1515” shall be substituted;
(vi) against serial number 65, in column (4), for the entry “25%” the entry “40%”” shall be substituted;
(vii) against serial number 70, in column (4), for the entry “12.5%” the entry “25%”” shall be substituted;
(viii) against serial number 71, in column (4), for the entry “20%” the entry “35%”” shall be substituted;
(ix) against serial number 73, in column (4), for the entry “12.5%” the entry “25%”” shall be substituted;
(x) against serial number 74, in column (4), for the entry “20%” the entry “35%”” shall be substituted;
[F.No. 354/203/2012- TRU]
(Mohit Tewari)
Under Secretary to the Government of India
Note: The principal notification No.50/2017-Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 785(E), dated the 30th June, 2017 and last amended vide notification No.85/2017-Customs, dated the 14th November, 2017, published vide number G.S.R. 1403 (E), dated the 14th November, 2017.
Presented by eximkey.com