[TO BE
PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3,
SUB-SECTION (i)]
GOVERNMENT
OF INDIA
MINISTRY
OF FINANCE
(DEPARTMENT
OF REVENUE)
Notification
No. 2/2012-Customs
New Delhi, the 16th January,
2012
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, and in supersession of
the notification of the Government of India in the Ministry of Finance
(Department of Revenue) No.62/2004-Customs, dated the 12th May, 2004, published
in the Gazette of India, Extraordinary vide, G.S.R. No.311(E), dated the 12th
May, 2004, except as respects things
done or omitted to be done before such supersession, the Central Government,
being satisfied that it is necessary in the public interest so to do, hereby exempts
goods of the description specified in column (2) of the Table hereto annexed
and falling within Chapter 71 of the First Schedule to the Customs Tariff Act,
1975 (51 of 1975), when imported into India, other than through post, courier
or baggage, from so much of the duty of customs leviable thereon which is
specified in the said First Schedule as is in excess of the amount calculated
at the rate specified in the corresponding entry in column (3) of the said
Table and from the whole of the additional duty of customs leviable thereon under
section 3 of the said Customs Tariff Act.
