Notification No. 51/2015-Customs, Dated-19th October, 2015- seeks to further amend notification No. 12/2012-Customs dated 17.03.2012 so as to increase the basic customs duty on wheat [CTH 1001 19 00 and 1001 99 10] from the present rate of 10% to 25% for a period up to and inclusive of 31.03.2016

In view of the continued fall in international prices of wheat and the anticipated adverse impact of increased imports during the first half of this financial year, basic customs duty on wheat has been increased from 10% to 25% for a period upto 31.03.2016.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

 GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 51/2015 – Customs

New Delhi, the Dated-19th October, 2015

G.S.R.     (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 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.185(E), dated the 17th  March, 2012, namely :-

In the said notification,-

(a)     in the Table, against S. No. 34, for the entry in column (4), the entry “25%” shall be substituted;

[F. No.354/68/2006-TRU]

(Anurag Sehgal)

Under Secretary to the Government of India

Note.- The principal notification No.12/2012-Customs, dated the 17th  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  17th  March, 2012 and was last amended by notification No. 49/2015-Customs, dated the 05th October, 2015  published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 756 (E), dated the 05th October, 2015.

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Category : Custom Duty (7030)
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