SECTION 8A
- Document type
- Other
- Dated
- Category
- Customs Tariff Act, 1975
Emergency power of Central Government to increase import duties
SECTION 8A.
Emergency power of Central Government to increase import duties.
(1) Where in respect of any article included in the First Schedule, the Central Government is satisfied that the import duty leviable thereon under section 12 of the Customs Act, 1962 (52 of 1962) should be increased and that circumstances exist which render it necessary to take immediate action, it may, by notification in the Official Gazette, direct an amendment of that Schedule to be made so as to provide for an increase in the import duty leviable on such article to such extent as it thinks necessary:
Provided that the Central Government shall not issue any notification under this subsection for substituting the rate of import duty in respect of any article as specified by an earlier notification issued under this subsection by that Government before such earlier notification has been approved with or without modifications under subsection (2).
(2) The provisions of subsections (3) and (4) of section 7 shall apply to any notification issued under subsection (1) as they apply in relation to any notification increasing duty issued under subsection (2) of section 7.
Emergency power of Central Government to increase import duties.
(1) Where in respect of any article included in the First Schedule, the Central Government is satisfied that the import duty leviable thereon under section 12 of the Customs Act, 1962 (52 of 1962) should be increased and that circumstances exist which render it necessary to take immediate action, it may, by notification in the Official Gazette, direct an amendment of that Schedule to be made so as to provide for an increase in the import duty leviable on such article to such extent as it thinks necessary:
Provided that the Central Government shall not issue any notification under this subsection for substituting the rate of import duty in respect of any article as specified by an earlier notification issued under this subsection by that Government before such earlier notification has been approved with or without modifications under subsection (2).
(2) The provisions of subsections (3) and (4) of section 7 shall apply to any notification issued under subsection (1) as they apply in relation to any notification increasing duty issued under subsection (2) of section 7.