CUS NTF NO. 90/2005 DATE 13/10/2005
CBEC amends 25/2002 to substitute certain Chapters 69, 82, 84, 85 or 90 - Seeks to prescribe a duty of 15% on capital goods used by the IT/Electronics industry, subject to actual user condition
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.25/2002-Customs, dated the 1st March, 2002, namely:-
In the said notification, in the opening paragraph, for words and figures "Chapters 82, 84, 85 or 90" the following words and figures shall be substituted, namely:-
"Chapters 69, 82, 84, 85 or 90"
F.No.332/36/2005-TRU
(Ajay)
Under Secy.
Note : The principal notification 25/2002-Customs, dated the 1st March, 2002 was published in the Gazette of India, Extraordinary Part II, Section 3, Sub-section (i) dated the 1st March, 2002 vide number G.S.R. 122(E), dated the 1st March, 2002 and was subsequently amended by notification No. 57/2002-Customs, dated the 13th May, 2002 [G.S.R. 399(E), dated the 13th May, 2002], 28/2003-Customs, dated the 1st March, 2003 [G.S.R. 163(E), dated the 1st March, 2003], 69/2003-Customs, dated the 30th April, 2003 [G.S.R. 368(E), dated the 30th April, 2003], 8/2004-Customs, dated the 8th January, 2004 [G.S.R 21(E). dated the 8th January 2004], 71/2004-Customs, dated the 9th July, 2004 [G.S.R. 413(E), dated the 9th July, 2004] and
23/2005-Customs, dated the 1st March 2005 [G.S.R. 121(E), dated the 1st March, 2005].
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