India
Blinks a Third Time to Postpone Retaliatory Tariff on US Imports by 45 Days to
17 Dec 2018
[Notification No. 77/2018-Customs dated 1 November
2018]
Seeks to further postpone the
implementation of increased customs duty on specified imports originating in
USA from 2nd November, 2018 to 17th December, 2018
In exercise
of the powers conferred by sub-section (1) of section 25 of the Customs Act,
1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act,
1975 (51 of 1975), 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, Ministry of Finance (Department
of Revenue), No. 50/2017-Customs, dated
the 30th June, 2017, published in the Gazette of India, Extraordinary, Part
II, Section 3, Sub-section (i), vide, number
G.S.R. 785(E), dated the 30th June, 2017, namely:-
In the said
notification, in the third proviso for the words and figures “2nd day of
November, 2018”, the words and figures “17th
day of December, 2018” shall be substituted.
[F. No. 341/15/2018- TRU]