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CUS NTF NO. 17/2010 DATE 27/02/2010

Amendments in the various notifications regarding Customs duty on Gold Bars etc.

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, on being satisfied that it is necessary in the public interest so to do, hereby directs that each of t he notifications of the Government of India in the inistry of Finance (Department of Revenue ), specified in column (2) of the Table below, shall be further amended in the manner specified in the corresponding entry in column (3) of the said Table, namely :-
 

Table

S. No. Notification No. and date Amendments
(1) (2) (3)
1. No. 172/1994-Customs, dated the 30th September, 1994 [G.S.R. 734(E), dated the 30th September, 1994] In the said notification, for the wo rds, letters and figures “at the rate of Rs. 1000 per kilogram”, the words, letters and figures “at the rate of Rs. 1500 per kilogram” shall be substituted.
2. No. 31/2003-Customs, dated the 1st March, 2003 [G.S.R. 166(E), dated the 1st March, 2003] In the said notification, in the Table, -
(i) against S. No. 1, for the en try in column (3), the entry “Rs. 300 per 10 gms.” shall be substituted;
(ii) against S. No. 2, for the en try in column (3), the entry “Rs. 750 per 10 gms.” shall be substituted.
3. No. 62/2004-Customs, dated the 12th May, 2004 [G.S.R. 311(E), dated the 12th May, 2004] In the said notification, in the Table,-
(i) against S. No. 1, for the en try in column (3), the entry “Rs. 300 per 10 gms.” shall be substituted;
(ii) against S. No. 2, for the en try in column (3), the entry “Rs. 750 per 10 gms.” shall be substituted;
(iii) against S. No. 3, for the en try in column (3), the entry “Rs. 1500 per kg.” shall be substituted.

[F. No.334/1/2010-TRU]


(Prashant Kumar)
Under Secretary to the Government of India


Note.- (1) The principal notification No.172/1994-Customs, dated the 30th September, 1994, was published in the Gazette of ndia, Extraordinary, vide number G.S.R. 7 34(E), dated the 30th September, 1994 and last amended vide notification no.78/2009-Customs, dated 7th July, 2009, published vide number G.S.R. 485(E), dated 7th July, 2009.

(2) The principal notific ation No.31/2003-Customs, dated the 1st March, 2003, was published in the Gazette of India, Extraordinary, vide number G.S.R. 166(E), dated the 1st March, 2003 and last amen ded vide notification no.78/2009-Customs, dated 7th July, 2009, published vide number G.S.R. 485(E), dated 7th July, 2009.

(3) The principal notification No.62/2004-Customs, dated the 12th May, 2004, was published in the Gazette of India, Extra ordinary, vide number G.S.R.311(E), dated t he 12th May, 2004 and last amended vide notification no.78/2009-Customs, dated 7th July, 2009, published vide number G.S.R. 485(E), dated 7th July, 2009.
 

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