1.5% AIDC Applicable on Anthracite, PCI Coal and Coking Coal, Zero Duty Withdrawn

[Notification No. 60/2022-Customs dated 18 November 2022]

Seeks to amend Notification 11/2021-Customs, dated the 1st February, 2021 in order to withdrawal AIDC exemption on Anthracite, PCI Coal and 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, S. No. 10A and the entries relating thereto shall be omitted.

2. This notification shall come into force on the 19th day of November, 2022.

[F. No. 354/12/2022-TRU]

 

10A

2701

(a) Anthracite/Pulverized Coal Injection (PCI) coal

Nil

 

 

(b) Coking coal

 

 

 

[60/18.11.2022 – SNo. 10A Omitted]

 

 

 

[27/21.05.2022 – SNo. 10A inserted - AIDC Cess on Anthracite, PCI Coal and Coking Coal Cut to Nil from 1.5% w.e.f. 22 May 2022]