Natural Rubber Quota of 40,000 MTs at Reduced Duty of 7.5%...

[Customs Notification No. 128 dated 22nd December 2010]

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. 21/2002-Customs, dated the 1st March, 2002, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R.118 (E) dated the 1st March, 2002, namely:-

In the said notification, -

(1) in the opening paragraph, in the proviso, after clause (iah), the following clause shall be inserted, namely :-

“(iai) the goods specified against serial number 491B of the said Table on or before the 31st day of March, 2011.”;

(2) in the Table, after S.No.491 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“491A.	4001 21, 4001 22, 400129	Goods up to an aggregate quantity of forty thousand metric tonnes of total imports of such goods in the remaining part of the financial year 2010-11.	7.5%	-	1
491B.	4001 21, 4001 22, 400129	All goods	20% or Rs.20/- per kg, whichever is lower	-	-”

[F.N0.354/143/2010-TRU]