Government of IndiaMinistry of Finance Budget 97-98




Customs Notification

No.12/97

NOTIFICATION                 New Delhi, dated the 1st March, 1997
No.12/97 - CUSTOMS                       10 Phalguna, 1918 (Saka)
 
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),
read  with  sub-section (4) of section 68 of the  Finance  (No.2)
Act,  1996  (33 of 1996), and in supersession of the notification
of the Government of India in the Ministry of Finance (Department
of  Revenue)  No. 77/96-Customs, dated the 28th September,  1996,
the  Central Government, being satisfied that it is necessary  in
the  public  interest  so  to do, hereby  exempts  goods  of  the
description specified in  the Table below and falling within  the
First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when
imported into India,-
   
     (a)  in the case of the goods specified against S.No.  1  of
     the said Table, from so much of  the special duty of customs
     leviable thereon under sub-section (1) of section 68 of  the
     said  Finance  Act as is equivalent to the special  duty  of
     customs  calculated on the portion of the value representing
     the duty free allowance;
     
     (b)  in the case of the goods specified against S.Nos.11 and
     12  of  the said Table, from so much of the special duty  of
     customs  leviable thereon  calculated per Kg.  of  the  said
     goods,  under sub-section (1) of the said section 68  (  but
     for the exemption contained herein), as is equivalent to the
     amount  by  which  the  sum total of  the  duty  of  customs
     leviable  thereon  under  the said First  Schedule  and  the
     special  duty of customs leviable thereon  under sub-section
     (1)  of the said section 68, calculated per Kg. of the  said
     goods, exceeds,-
 
          (i)  rupees fifty five in the case of  goods  specified
          against S.No.11 of the said Table;  and
 
          (ii) rupees one hundred in the case of  goods specified
          against S.No.12 of the said Table;
 
     (c)  in the case of the goods specified against S.Nos. 2  to
     10  and  13 of the said Table, from the whole of the special
     duty  of customs leviable thereon under sub-section  (1)  of
     section 68 of the said Finance Act:
     
        Provided that in respect of the goods specified against,-
        
        (I)   S.Nos.  3  and 4 of the said Table,  the  exemption
        under   this  notification  shall  be  subject   to   the
        conditions, if any, subject to which the goods are exempt
        either  partially  or  wholly from the  duty  of  customs
        leviable thereon which is specified in the First Schedule
        to the said Customs Tariff Act;
 
        (II)  S.No.6 of the said Table, the exemption under  this
        notification shall be subject to the conditions,  subject
        to  which the goods may be imported at Free rate  of duty
        of  customs,  specified in section 4 of the said  Customs
        Tariff Act.
        
   
                              TABLE
-----------------------------------------------------------------
S.No.  Description of goods falling within the First
       Schedule to the Customs Tariff Act, 1975 (51 of 1975)
-----------------------------------------------------------------
(1)                         (2)
-----------------------------------------------------------------
 1.  Any  article falling under heading No.98.03 of the
     said  First  Schedule, the value of which  exceeds
     the  duty  free  allowance  admissible  under  the
     Baggage Rules, 1994.
       
 2.  Goods  falling under heading No.98.03 of the  said
     First  Schedule  which  in terms  of  the  Baggage
     Rules, 1994, are,-
  
     (i) passed free of duty; or
  
     (ii)   exempt  from  the  whole  of  the  duty  of
     customs  leviable thereon which  is  specified  in
     the said First Schedule.
     
 3.  Gold and silver,-
  
     (i)  including ornaments (but excluding  ornaments
     studded  with  stones  or pearls),  imported  into
     India  or  taken delivery by an eligible passenger
     in  terms  of the notifications of the  Government
     of  India  in  the Ministry of Finance (Department
     of   Revenue)   Nos.171/94-Customs   and   172/94-
     Customs, both dated the 30th September, 1994;
  
     (ii)   imported  in terms of the  notification  of
     the  Government  of  India  in  the  Ministry   of
     Finance   (Department   of   Revenue)   No.117/94-
     Customs, dated the 27th April, 1994.
     
 4.  All  goods falling within the said First Schedule,
     which  are  exempt from the whole of the  duty  of
     customs  leviable thereon which  is  specified  in
     the   said   First  Schedule  in  terms   of   any
     notification  of the Government of  India  in  the
     Ministry  of  Finance (Department of  Revenue  and
     Banking,  Department of Revenue and  Insurance  or
     Department  of Revenue, as the case may  be,)  for
     the  time  being  in  force,   issued  under  sub-
     section  (1)  of  section 25 of the  Customs  Act,
     1962.
     
 5.  All  goods falling within the said First Schedule,
     in  the  case  of  which Free  rates  of  duty  of
     customs  are specified in column (4) of the   said
     First Schedule.
     
 6.  All  goods falling within the said First Schedule,
     in  the  case  of  which Free  rates  of  duty  of
     customs are specified in  column (5) of the   said
     First Schedule.
        
 7.  All  goods  falling under heading  or  sub-heading
     Nos.  06.01,  06.02,  0806.10,  0809.40,  1209.91,
     1209.99,   3105.30,  3105.40,  4011.30,   8802.20,
     8802.30,  8802.40, 8803.10, 8803.20 or 8803.30  of
     the said First Schedule.
        
 8.  Potassium sulphate (excluding that containing  not
     more  than 52 per cent. by weight of K2O)  falling
     under  sub-heading No.3104.30 of  the  said  First
     Schedule.
        
 9.  Aeroplane   engines   falling  under   sub-heading
     Nos.8407.10,   8411.11,   8411.12,   8411.21    or
     8411.22 of the said First Schedule.
     
10.  Parts  of  aeroplane  engines falling  under  sub-
     heading  Nos.8409.10 or 8411.91 of the said  First
     Schedule.
     
11.  All goods falling under sub-heading No.0802.11  of
     the said First Schedule.
     
12.  All goods falling under sub-heading No.0802.12  of
     the said First Schedule.
     
13.  Newsprint falling under sub-heading No.4801.00  of
     the said First Schedule.
 
 
                                      ( RAJIV TALWAR )
                       UNDER SECRETARY TO THE GOVERNMENT OF INDIA
 

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