CBIC increases basic customs duty on imports of platinum

CBIC increases increase basic customs duty on imports of platinum vide Notification No. 52/2022-Customs | Dated the 3rd October, 2022

MINISTRY OF FINANCE
(Department of Revenue)
New Delhi

Notification No. 52/2022-Customs | Dated the 3rd October, 2022

G.S.R. 759 (E).—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 30thJune, 2017, namely :-

In the said notification, in the Table, against S. No. 364B, in column (2), for the entry “7107 00 00, 7109 00 00, 7110, 7111 00 00, 7112, 7118”, the entry “7107 00 00, 7109 00 00, 7111 00 00, 7112, 7118” shall be substituted.

[F. No. CBIC-190354/261/2022-TO(TRU-I)-CBEC]
VIKRAM VIJAY WANERE. Under Secy.

Note: – The principal notification No.50/2017-Customs, dated the 30thday of June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E)., dated the 30thday of June, 2017 and last amended, vide notification No. 50/2022-Customs, dated the 27thSeptember, 2022 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 730(E)., dated the 27thSeptember, 2022.