Follow Us :

Seeks to rescind notification Nos. 190/1978-Customs and 191/1978-Customs both dated 22th September, 1978 prescribing additional duty of customs on imports of transformer oil equivalent to such portion of the excise duty leviable on the raw material commonly known as transformer oil base stock or transformer oil feedstock vide Notification No. 04/2022-Customs Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 04/2022-Customs

New Delhi, the 1st February, 2022

G.S.R. 78(E).- In exercise of the powers conferred by sub-section (3) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby rescinds the notifications of the Government of India in the Ministry of Finance (Department of Revenue), as specified in column (2) of the Table below, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide corresponding numbers G.S.R. as specified in column (3) of the said Table, except as respects things done or omitted to be done before such rescission, namely:-

CBIC withdraws notifications prescribing additional custom duty on transformer oil import

Table

S.No. Notification number G.S.R. No.
(1) (2) (3)
1. Notification No. 190/1978-Customs, dated the 22nd September, 1978. 468(E), dated the 22nd September, 1978.
2. Notification No. 191/1978-Customs, dated the 22nd September, 1978. 469(E), dated the 22nd September, 1978.

2. This notification shall come into force on the 2nd day of February, 2022.

[F.No.334/01/2022 -TRU]

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
May 2024
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031