CUS NTF NO.51/2018 DATE 09/07/2018

seeks to amend the notification so as to reduce theexport duty on export of Iron Ore by MMTC Limited (only NMDC origin) to Japanand South Korea under the Long Term Agreement (LTA), from 30% to 10%, upto andinclusive of 31.03.2021.
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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 27/2011-Customs, dated the 1st March, 2011, published in the Gazette of India, Extraordinary, vide number G.S.R. 153(E), dated the 1st March, 2011, namely :-

In the said notification, in the Table, in S. No. 20B, in column (3), for the words and figures “the first day of April, 2018”, the words and figures “the 31st day of March, 2021” shall be substituted.

[F.No.354/224/2017 -TRU]

(Gunjan Kumar Verma)
Under Secretary to the Government of India

Note. - The principal notification No.27/2011-Customs, dated the 1st March, 2011 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 153(E), dated the 1st March, 2011 and last amended vide notification No.30/2018- Customs, dated the 20th March, 2018 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 246(E), dated the 20th March, 2018.

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