Gold Jewellery Articles and Parts Drawback Rates Hiked

[Customs Notification No. 64 (Non Tariff) dated 20^th June 2013]

In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962), sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944), and section 93A read with sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), read with rules 3 and 4 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, the Central Government, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.92/2012-Customs(N.T.), dated the 4th October, 2012 published vide number G.S.R. 742 (E) dated the 4th October, 2012, namely:-

In the said notification, in the Schedule, in Chapter 71, for tariff item 711301 and entries relating thereto, the following tariff item and entries shall be substituted, namely :-

“711301

Articles of jewellery and parts thereof, made of gold

Gms.

` 173.70 per gram of net gold content (.995 or more purity) in the jewellery

` 173.70 per gram of net gold content (.995 or more purity) in the jewellery”.

[F. No. 609/19/2013-DBK]