Customs Duty on Wheat Raised to 10% from Nil Till 1 April 2016

World Wheat Prices Down to $207 per tonnes (Rs. 12.60 per kg)

[Customs Notification No. 44 dated 7^th August 2015]

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), 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. 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, against S. No.34, for the entry in column (4), the entry “10%" shall be substituted;

(b) after the Table, in the proviso, after clause (ab), the following clause shall be inserted, namely:-

“(ac) the goods specified against serial number 34 of the said Table on or after the 1st day of April, 2016.”

[F. No.354/68/2006-TRU]