AIDC Cess on Anthracite, PCI Coal and Coking Coal Cut to Nil
from 1.5% w.e.f. 22 May 2022
[Notification
No. 27/2022-Customs dated 21 May 2022]
Seeks to further amend
notification No. 11/2021- Customs dated 1 st
February, 2021 to reduce duty on Anthracite/Coking Coal
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) read with section 124 of the Finance Act, 2021 (13 of 2021), the
Central Government, on 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. 11/2021-Customs, dated
the 1st February, 2021, published in the Gazette of India, Extraordinary,
Part II, Section 3, Sub-section (i), vide number
G.S.R. 69(E), dated the 1st February, 2021, namely :-
In the said notification, in the Table, against S. No. 10 and the entries
relating thereto, the following S. No. and entries shall be inserted, namely:-
|
(1) |
(2) |
(3) |
(4) |
|
“10A |
2701 |
(a)
Anthracite/Pulverized
Coal Injection (PCI) coal (b)
Coking coal |
Nil” |
2.
This notification shall come into effect on the 22nd day of May, 2022.
[F.
No. 354/12/2022-TRU]