CUS NTF NO. 30/2003 DATE 01/03/2003
- Document type
- Notification
- Reference no.
- E
- Dated
- Category
- Tariff
Additional duty of customs as is equivalent to the National Calamity Contingent duty leviable
CUS NTF NO. 30/2003 DATE 01/03/2003
Seeks to exempt specified goods from so much of the additional duty of customs as is equivalent to the National Calamity Contingent duty leviable thereon under section 136 of the Finance Act, 2001 read with clause 161 of the Finance Bill, 2003
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, being satisfied that it is necessary in the public interest so to do, hereby exempts all goods, as specified in column (3) of the Table in the Seventh Schedule to the Finance Act, 2001, as amended vide clause 161 of the Finance Bill, 2003, when imported into India, from so much of the additional duty leviable thereon under sub section (1) of section 3 of the Customs Tariff Act, 1975 ( 51 of 1975) as is equivalent to the National Calamity Contingent duty leviable thereon under section 136 of the Finance Act, 2001 read with clause 161 of the Finance Bill, 2003, which clause has, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act,1931 (16 of 1931), the force of law.
[F.No. 334/1/2003-TRU]
(Alok Shukla)
Deputy Secretary to the Government of India