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 makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.116/2010-Customs, dated the 1st November, 2010, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 875 (E), dated the 1st November, 2010, namely:-

In the said notification, in the preamble, for the figure, signs and words “2% ad valorem”, the figure, signs and words “1% ad valorem” shall be substituted.

2. This notification shall come into force with effect from 1st day of January, 2012.

F. No. 354/64/2003-TRU (Pt.I)]

(Sanjeev Kumar Singh)
Under Secretary to the Government of India

Note.- The principal notification No. 116/2010-Customs, dated the 1st November, 2010 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 875 (E), dated the 1st November, 2010 and was last amended by notification No. 136/2010-Customs dated 31st December, 2010, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 1038 (E), dated the 31st December, 2010.