Sugar Zero Duty Goes, 10% Duty from 13 July

Flat Rolled Alloy Steel Duty Hiked to 7.5% from 5%

[Customs Notification No. 45 dated 13^th July 2012]

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 17^th March, 2012, which was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)  vide number G.S.R. 185(E), dated the 17^th March, 2012, namely:-

In the said notification, -

(A) in the Table,

(i) against S.No. 76, for the existing entry in column (4), the entry 10% shall be substituted.

(ii) against S.No. 77, for the existing entry in column (4), the entry 10% shall be substituted.

(iii) against S.No. 78, for the existing entry in column (4), the entry 10% shall be substituted.

(iv) against S. No. 334, for the entry in column (2), the entry “7208, 7209, 7210,7211,7212,7225 30 90, 7225 40 19, 7225 50 or 7225 99 00” shall be substituted.

(B) after the table, in the proviso, clause (b) shall be omitted.

[F. No.354/78/2009-TRU(Pt I)&F.No.354/102/2012 -TRU]