CUS NTF NO. 86/2008 (NT) DATE 08/07/2008

CUS NTF NO. 86/2008 (NT) DATE 08/07/2008

Amendments in the drawback rates for cotton (tariff item 5201)
G.S.R……..(E).-In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962), sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A and sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) read with rules 3 and 4 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), published in the Gazette of India, Extraordinary, Section 3, Sub-section (i), vide number G.S.R. 485 (E), dated the 16th July, 2007, namely:-

In the said notification, in the Schedule, in Chapter 52,-

(a) in column 4, against tariff item 5201, for the entry “1%” the entry “nil” shall be substituted;

(b) in column 6, against tariff item 5201,for the entry “1%” the entry “nil” shall be substituted;

2. The notification shall come into force with effect from the date of its publication in the official Gazette.

[F.No.609/112/2008-DBK]

(S.R. MEENA)
UNDER SECRETARY TO THE GOVERNMENT OF INDIA

Note.- The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 485(E), dated the 16th July, 2007 and was last amended by notification vide number G.S.R.474 (E), dated the 24th June, 2008.