In exercise of the
powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52
of 1962), and in supersession of the notification of the Government of India,
in the Ministry of Finance (Department of Revenue), No. 125/2011-Customs, dated
the 30th December, 2011 [G.S.R.929 (E), dated the 30th
December, 2011] except as respects things done or omitted to be done
before such supersession, the Central Government, on being satisfied that it is
necessary in the public interest so to do, hereby exempts,-
(i) all
goods, other than the goods specified in TABLE II, of the
description specified in column (3) of the TABLE I hereto annexed and falling
under the Chapter, Heading, Sub-heading or Tariff item of the First Schedule to
the Customs Tariff Act, 1975 (51 of 1975), and specified in the
corresponding entry in column (2) of the said TABLE, from so much of the duty
of customs leviable thereon as is in excess of the amount calculated at the
rate specified in the corresponding entry in column (4) of the aforesaid TABLE;
(ii) all
goods of the description specified in column (3) of the TABLE II hereto annexed
and falling under the Chapter, Heading, Sub-heading or Tariff item of the First
Schedule to the Customs Tariff Act, 1975 (51 of 1975), and specified in
the corresponding entry in column (2) of the said TABLE, from so much of the
duty of customs leviable thereon as is in excess of the amount calculated at
the rate specified in the corresponding entry in column (4) of the aforesaid
TABLE,
when imported
into India from Pakistan and Sri Lanka.
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