[PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II SECTION 3, SUB-SECTION (I)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
22nd May,2002
Notification No. 54/2002-Customs
In exercise of the powers conferred by sub-section (1) of the 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. 21 / 2002-Customs, dated the 1st March, 2002, namely:-
In the said notification,-
(1) in the Table, after S. No. 212 and the entries relating thereto, the following S. No. and the entries shall be inserted, namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
|
“212A |
82 |
Dies for drawing metal, when imported after repairs from abroad, in exchange of similar worn-out dies exported out of India for repairs |
30% |
– |
28A”; |
(2) in the Annexure, after Condition No. 28 and the entries relating thereto, the following Condition No. and the entries shall be inserted, namely:-
|
Condition No. |
Conditions |
||||||||||
|
“28A |
If,-
Explanation.- On the imports referred to in condition (1) above, the duty would be leviable as if the value of the said dies were equal to- (i) the aggregate of-
(ii) the insurance and freight charges, both ways.”. |
Vivek Prasad
Under Secretary to the Government of India
F.No.446/29/2001-Cus.IV
Note : The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 21/2002-Customs, dated the 1st March, 2002 [G.S.R. 118(E), dated the 1st March, 2002] and was last amended vide notification No. 52/2002- Customs, dated the 13th May, 2002, [G.S.R. 364(E), dated the 13th May, 2002].
