Seeks to exempt Integrated tax and Goods and Services Tax compensation cess on imported goods from the whole of levy of Social Welfare Surcharge. - 13/2018 - Customs -Tariff

GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No.13/2018- Customs New Delhi, the 2nd February, 2018 G.S.R. 116 (E). In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with 1 [ section 110 of Finance Act, 2018 (13 of 2018) ], the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in the First Schedule to the Customs Tariff Act, 1975 ( 51 of 1975) , when imported into India, from the whole of the Social Welfare Surcharge leviable on Integrated tax under sub-section (7), and Goods and Services Tax compensation cess under sub-section (9), of section 3 of the said Customs Tariff Act 2 [ under the said section of the said Finance Act .] (Sic.) [F.No.334/04/2018 - TRU ] ( Ruchi Bisht ) Under Secretary to the Government of India *********** Notes:- 1. Substituted vide Notification No. 41/2018 - Dated 06-04-2018 , before it was read as, clause 108 of the Finance Bill, 2018 (4 of 2018), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law 2. Substituted vide Notification No. 41/2018 - Dated 06-04-2018 , before it was read as, read with the said clause 108 of the Finance Bill