Ministry of Finance TheDollarBusiness

Exemption of customs duty on bunker fuels

Dated November 11, 2014 | Notification no. 31/2014-Customs | 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. 12/2012-Customs, dated the 17th March,2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),vide number G.S.R.185 (E), dated the 17th March,2012, namely:- In the said notification,- (a) in the Table, after serial number 121and the entries relating thereto, the following serial number and the entries shall be inserted, namely :-   CBEC-Notification   (b)after the Table, in the proviso, after clause (bc), the following clause shall be inserted, namely:-               “(bd) the goods specified against serial number 121A of the said Table on or after the 11th day of May 2015; ” ;   (c) in the ANNEXURE, after condition number 100 and the entries relating thereto, the following shall be inserted, namely:- CBEC-Notification2-The Dollar Business [F. No. 354/126/2014-TRU]   Source: CBEC Original release    

The Dollar Business Bureau - Nov 12, 2014 12:00 IST