LDCs Duty Concessions Raised, Only 20% of
Normal Rate Applicable (Previous 40%)
[Customs
Notification No. 90 dated 16th September 2011]
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 13th August, 2008,
published in the Gazette of India, Extraordinary, vide number G.S.R. 590 (E),
dated the 13th August, 2008, namely:-
In the said notification,-
(a) in the opening paragraph, in
clause (i) for the figures and words 40 per cent, the figures and words 20 per cent shall be substituted;
(b) in Appendix
I, in the Table, in column (4),-
(i) for the entry 6%,
wherever it occurs, the entry 8% shall be substituted;
(ii) for the entry 9%, wherever it occurs, the entry 12% shall
be substituted;
(iii) for the entry 12%, wherever it occurs, the entry 16% shall
be substituted;
(iv) for the entry 15%, wherever it occurs, the entry 20% shall
be substituted;
(v) for the entry 18%, wherever it occurs, the entry 24% shall
be substituted;
(vi) for the entry 27%, wherever it occurs, the entry 36% shall
be substituted;
(vii) for the entry 30%, wherever it occurs, the entry 40% shall
be substituted;
(viii) for the entry 36%, wherever it occurs, the entry 48% shall
be substituted;
(ix) for the entry 45%, wherever it occurs, the entry 60% shall
be substituted;
(x) for the entry 54%, wherever it occurs, the entry 72% shall
be substituted;
(xi) for the entry 60%, wherever it occurs, the entry 80% shall
be substituted.
[F. No. 354/189/2005-TRU (Vol
II)]