Zero Duty on All Goods other than Negative List for LDCs under WTO Special Window

[Customs Notification No. 56 dated 1^st October 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. 96/2008-Customs, dated the 13^th August, 2008, published in the Gazette of India, Extraordinary, vide number G.S.R. 590 (E), dated the 13^th August, 2008, namely:-

In the said notification,-

(a) in the opening paragraph, in clause (i) for the figures and words “from so much of the duty of customs as is in excess of 20 per cent of the applied rate of duty”, the figures and words “from whole of the duty of customs as specified in the first schedule to the Customs Tariff Act, 1975” shall be substituted;

(b) in Appendix I, in the Table, in column (4),-

(i) for the entry “8%”, wherever it occurs, the entry “10%” shall be substituted;

(ii) for the entry “12%”, wherever it occurs, the entry “15%” shall be substituted;

(iii) for the entry “16%”, wherever it occurs, the entry “20%” shall be substituted;

(iv) for the entry “20%”, wherever it occurs, the entry “25%” shall be substituted;

(v) for the entry “24%”, wherever it occurs, the entry “30%” shall be substituted;

(vi) for the entry “36%”, wherever it occurs, the entry “45%” shall be substituted;

(vii) for the entry “40%”, wherever it occurs, the entry “50%” shall be substituted;

(viii) for the entry “48%”, wherever it occurs, the entry “60%” shall be substituted;

(ix) for the entry “60%”, wherever it occurs, the entry “75%” shall be substituted;

(x) for the entry “72%”, wherever it occurs, the entry “90%” shall be substituted;

(xi) for the entry “80%”, wherever it occurs, the entry “100%” shall be substituted.

[F. No. 354/189/2005-TRU (Vol II)]