Import duty leviable on Liquified Propane and Liquified Butane increased - Seeks to amend the First Schedule of the Customs Tariff Act. - 43/2023 - Customs -Tariff

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION NO. 43/2023-Customs New Delhi, the 1st July, 2023 G.S.R. 473(E). WHEREAS, the Central Government on being satisfied that the import duty leviable on Liquified Propane classifiable under CTH 2711 12 00 and Liquified Butane classifiable under CTH 2711 13 00 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate action. NOW, therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act , the Central Government, hereby directs that the First Schedule to the said Customs Tariff Act, shall be amended in the following manner, namely:- In the First Schedule to the said Customs Tariff Act, in Chapter 27 , for the entry in column (4) occurring against tariff items 2711 12 00 and 2711 13 00 , the entry 15% shall be substituted 2. This shall come into force with immediate effect. [F. No. 349/01/2023-TRU] AMREETA TITUS, Dy. Secy.