Zero CVD Withdrawn on Tunnel Boring Machines and their Parts and Components – 12% CVD Applicable Now

[Customs Notification No. 04 dated 3^rd February 2014]

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 amendment 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, 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, in the Table, against serial number 397 and the entries relating thereto, the following shall be substituted, namely:-

“397

84 or any other Chapter

The following goods, namely:- (A) Tunnel boring machines (B) Parts and components of (A) for use in the assembly of Tunnel boring machines

Nil Nil

- -

- -”.

[F.No. 354/10/2012-TRU]