Duty Hike on Drugs used for Manufacture of Life Saving Drugs

·     61 Items in 5% List go, Another 15 in Nil List Removed

[Customs Notification No. 06 dated 28th January 2016]

Seeks to further amend notification No. 12/2012- Customs dated 17.03.2012.

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, 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,-

(i)   in the Table, against serial number 202, in column (3), in item (I), for entry in sub-item (g), the entry NPK 13:05:26 shall be substituted;

(ii)  in List 3, the goods specified against following item numbers shall be omitted, namely:-

(1), (3), (6), (8), (13), (14), (15), (20), (22), (24), (27), (30), (32), (35), (37), (39), (41), (43), (44), (45), (48), (51), (52), (55), (56), (57), (58), (59), (61), (62), (63), (65), (66), (72), (73), (77), (91), (95), (102), (105), (110), (113), (115), (116), (117), (118), (119), (120), (121), (125), (127), (128), (129), (130), (131), (132), (133), (139), (140), (171) and (179);

(iii) in List 4, the goods specified against following item numbers shall be omitted, namely:-

(1), (6), (12), (13), (40), (42), (55), (56), (73), (86), (95), (96), (97), (99) and (118).

[F.No. 332/24/2010-TRU (Pt.I)]