PUBLIC NOTICE No.21/2001, Dt.20/02/2001
- Document type
- Other
- Reference no.
- B
- Dated
- Category
- Public Notices w.e.f 01/04/2001
Union Budget for the year 2001-2002
P.N. No. 21/2001
Imp.Supp.No.: 63/2001
Exp. Supp.No.: 63/2001PUBLIC NOTICE No.21/2001, Dt.20/02/2001
Union Budget for the year 2001-2002
Attention of all the Trade Members, Importers, Exporters and CHA is invited to the fact that the Union Budget for the year 2001-2002 is likely to be presented at 11.00 hrs on 28.02.2001
In terms of Section 4 of the Provisional Collection of Taxes Act, 1931, the provisions of the Finance Bill will take effect from the midnight of 28.02.2001/01.03.2001
The rate of duty and tariff valuation of imported goods is governed by Section 15 of the Customs Act which stipulated that the same shall be as in force on the date on which the Bill of Entry is presented or the date of entry inwards, whichever is later.
In view of the above, Bills of Entry will not be noted at the EDI Service Centre after 18.00 hrs., on 27.2.2001 till midnight of 28.2.2001/01.03.2001.
Imp.Supp.No.: 63/2001
Exp. Supp.No.: 63/2001
Appraising (General)
New Custom House
Ballard Estate,
Mumbai 400 038.
Union Budget for the year 2001-2002
In terms of Section 4 of the Provisional Collection of Taxes Act, 1931, the provisions of the Finance Bill will take effect from the midnight of 28.02.2001/01.03.2001
The rate of duty and tariff valuation of imported goods is governed by Section 15 of the Customs Act which stipulated that the same shall be as in force on the date on which the Bill of Entry is presented or the date of entry inwards, whichever is later.
In view of the above, Bills of Entry will not be noted at the EDI Service Centre after 18.00 hrs., on 27.2.2001 till midnight of 28.2.2001/01.03.2001.
(M.C. THAKUR)
COMMISSIONER OF CUSTOMS (IMPORT)
NEW CUSTOM HOUSE, MUMBAI,