CUS NTF NO. 116/2008 DATE 31/10/2008
- Document type
- Notification
- Reference no.
- J
- Dated
- Category
- Tariff
Govt has revised customs duty on iron ores
(This notification has been rescinded vide CUS NTF NO. 131/2008 DATE 07/12/2008)
CUS NTF NO. 116/2008 DATE 31/10/2008
Govt has revised customs duty on iron ores
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 exempts iron ore fines falling under Heading No. 11 of the Second Schedule to the Customs Tariff Act, 1975 (51 of 1975), when exported out of India, from so much of the duty of customs leviable thereon which is specified in the said Second Schedule, as is in excess of the amount calculated at the rate of 8% ad valorem [OLD- Rs.200 per tonne ].
(In above notification the words and figures "8% ad valorem" has been substituted vide CUS NTF. NO. 121/2008, DT. 07/11/2008)
[F. No. 334/5/2008-TRU(Pt-I)]
(G. G. Pai)
Under Secretary to the Government of India