Titanium and Lithium Grades PBR Excluded from Bilateral Safeguard Duty of 10% on Imports from Korea, Other Goods in Subheading 400220 Continues at Zero

[Notification No. 37/2020-Customs dated 20 October 2020]

Seeks to further amend notification no. 152/2009 dated 31.12.2009, regarding the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement.

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 rule 9 of the India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017, 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.152/2009-Customs, dated the 31^st December, 2009, published in the Gazette of India, vide number G.S.R. 943 (E), dated the 31^st December, 2009, namely:-

In the said notification, -

(I) In the Table,

(i) against serial number 342A, for the entry in column (3), the entries “Polybutadiene Rubber excluding titanium and lithium grades”, shall be substituted;

(ii) after serial number 342A and the entries relating thereto, the following serial number and entries shall be inserted, namely: -

(1)	(2)	(3)	(4)
“342B	400220	All goods other than those mentioned against serial number 342A	0.00”;

(II) In the second proviso, in clause (b), for the word, figures and letter “number 342A”, the word, figures and letter “numbers 342A and 342B”, shall be substituted.

[F. No.354/53/2020-TRU]