Indo-Japan CEPA
– Duty on Engine of 250cc plus and Gear Boxes and Parts Slashed to 6.88% from
7.5% w.e.f 1 Jan 2018
[Ref: Notification No.
94/2017– Customs dated 22 December 2017]
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.69/2011-Customs, dated the 29th July, 2011, published in
the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 593 (E), dated the 29th July,
2011, namely:-
In
the said notification, in S. No. 746,
for the entry in column (4), the entry “6.88”,
shall be substituted.
2.
This notification shall come into force with effect from the 1st day of
January, 2018.
[F. No. 354/199/2009-TRU]