Amends Notification No. 68/2007-Customs (N.T.), dated the 16th July, 2007 (Determines the rates of drawback as specified in the Schedule) - 120/2007 - Customs - Non Tariff

Amends Notification No. 68/2007-Customs (N.T.), dated the 16th July, 2007 (Determines the rates of drawback as specified in the Schedule) [TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification NO. 120/2007-CUSTOMS (N.T.) New Delhi, the 13 th December, 2007 G.S.R. (E). - In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962) , sub- section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A and sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) read with rules 3 and 4 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 , the Central Government, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.68/2007-Customs (N.T.), dated the 16 th July, 2007 (hereinafter referred to as the said notification), namely:- In the said notification, in the Schedule ,- (a) in chapter 44 , for the entry in column 4 against tariff item 4420, the entry "3%" shall be substituted; (b) in Chapter 50 ,- (i) for the entry in column 2 against tariff item 500701, the entry "silk fabrics containing 85% or more by weight of silk or of silk waste other than noil silk" shall be substituted; (ii) for the entry in column 2 against tariff item 500702, the entry "fabrics of noil silk" shall be substituted; (c) in Chapter 51 , for tariff items 510701 and 510702 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:- 510701 Containing 85% or more by weight of wool, grey - weaving quality KG 8% 48 5% 30 510702 Containing 85% or more by weight of wool, dyed - weaving quality KG 9% 58 5.5% 35 (d) in Chapter 55 , for tariff items 550905 and 550906 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:- 550905 Other yarn, mixed mainly or solely with Wool or fine animal hair (Grey) KG 12.5% 45 5.5% 20 550906 Other yarn, mixed mainly or solely with Wool or fine animal hair (Dyed) KG 13.8% 55 6% 24 (e) in Chapter 57 , for tariff item 570501 and the entries relating thereto, the following tariff item and the entries shall be substituted, namely:- 570501 Cotton Durries/Cotton Rugs (including Chindi Durries/Cotton Chenille Durries/Rag Rug Durries/Printed Durries/Druggets/Mats and Mattings including Bath Mats, where cotton predominates by weight KG 11.5% 32 4.1% 11 (f) in Chapter 74 ,- (i) for tariff items 741801 and 741802 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:- 741801 of copper KG 18% 165 2.1% 19 741802 of brass and other copper alloys KG 18% 135 3.6% 27 (ii) for tariff items 741901, 741902, 741903 and 741904 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:- 741901 Other articles of copper KG 18% 165 2.1% 19 741902 Other articles of brass KG 18% 135 3.6% 27 741903 Artware / Handicraft of Brass KG 18% 135 4.4% 33 741904 Artware / Handicraft of copper KG 18% 180 2.6% 26 (g) in Chapter 83 ,- (i) for tariff item 830101 and the entries relating thereto, the following tariff item and the entries shall be substituted, namely:- 830101 Brass KG 18% 135 4.4% 33 (ii) for tariff item 830201 and the entries relating thereto, the following tariff item and the entries shall be substituted, namely:- 830201 Brass builder Hardware KG 18% 135 4.4% 33 (iii) for tariff items 830601 and 830602 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:- 830601 of brass and other copper alloys KG 18% 135 4.4% 33 830602 of copper KG 18% 180 2.6% 26 (iv) for tariff item 831001 and the entries relating thereto, the following tariff item and the entries shall be substituted, namely:- 831001 of Brass KG 18% 135 2.5% 19 (h) in Chapter 85 , for tariff items 853801 and 853802 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:- 853801 of copper 18% 165 2.1% 19 853802 of brass 18% 135 3.6% 27 (i) in Chapter 94 , for tariff items 940502 and 940503 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely: 940502 Lamps made of brass KG 18% 135 4.4% 33 940503 Lamps made of copper KG 18% 180 2.6% 26 [ F.No.609/10/2007-DBK] ( S.R. MEENA ) UNDER SECRETARY TO THE GOVERNMENT OF INDIA Note.- The principal notification No.68/2007-Customs(N.T.) was published in the Gazette of India, vide number G.S.R. 485(E), published in the Gazette of India, Part II, Section 3, Sub-section (i) dated the 16 th July, 2007 and was last amended by notification No.118/2007-Customs(N.T.), vide number G.S.R.754(E), dated the 5 th December, 2007.