Govt imposes 1% Countervailing duty (CVD) on import of various types of Fertilizers

Seeks to amend Notification No. 12/2012-Customs, dated 17-03-2012 , prescribing  1% ad valorem specific rate of  Countervailing duty (CVD) on various types of Fertilizers, when imported into India

Notification  No. 46/2012-Customs, New Delhi, the 17th August, 2012

G. S. R. 639 (E). – 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. 12/2012-Customs, dated the 17^th March, 2012 which was published in the Gazette of India, Extraordinary, vide G.S.R. 185(E), dated the 17^th March, 2012, namely: –

In the said notification, in the Table,-

(a) against S. No. 197, for the entry in column (5), the entry “1%” shall be substituted;

(b) against S. No. 198, for the entry in column (5), the entry “1%” shall be substituted;

(c) against S. No. 199, for the entry in column (5), the entry “1%” shall be substituted;

(d) against S. No. 201, for the entry in column (5), the entry “1%” shall be substituted;

(e) against S. No. 202, for the entries in column (5), the entries “1%” shall be substituted;

(f) against S. No. 203, for the entry in column (5), the entry “1%” shall be substituted;

(g) against S. No. 204, for the entry in column (5), the entry “1%” shall be substituted;

(h) against S. No. 205, for the entry in column (5), the entry “1%” shall be substituted.

[F. No. 354/35/2011-TRU]

[Raj Kumar Digvijay]
Under Secretary to the Government of India

Note.- The principal notification No.12/2012-Customs, dated the 17^th March, 2012 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 185(E), dated the 17^th March, 2012, which has been last amended vide notification No. 45/2012-Customs, dated the 13^th July, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.560(E), dated the 13^th July, 2012.