Reduction in duty of Oil - Amendments in the Notification No. 21/2002-Customs, dated the 1st March, 2002 Exemption and effective rate of basic and additional duty for specified goods - 74/2008 - Customs -Tariff

Reduction in duty of Oil - Amendments in the Notification No. 21/2002-Customs, dated the 1st March, 2002 Exemption and effective rate of basic and additional duty for specified goods [TO BE PUBLISHED IN THE GAZETTE OF INDIA , EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 74/2008-Customs New Delhi , the 4 th June, 2008 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 further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1 st March, 2002 which was published in the Gazette of India, Extraordinary, vide G.S.R.118 (E) of the same date, namely: - In the said notification, in the Table,- (i) S. No. 74 and the entries relating thereto shall be omitted; (ii) S. No. 75D and the entries relating thereto shall be omitted; (iii) S. No. 77 and the entries relating thereto shall be omitted; (iv) after S. No 77A and the entries relating thereto, the following S. No. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "77B. 2710, 2711,2712, 2713, 2714 or 2715 All goods, other than goods mentioned at S. Nos. 72 A, 73, 74A, 75 E, 76, 77A, 488A and 488B 5% - -''; (v) against S. No. 487, for the entry in column (4), the entry "Nil" shall be substituted; (vi) against S. No. 488A, for the entry in column (4), the entry "2.5%" shall be substituted; (vii) against S. No. 488B, for the entry in column (4), the entry "2.5%" shall be substituted; (viii) S. No 519 and the entries relating thereto shall be omitted; (ix) S. No 520 and the entries relating thereto shall be omitted; (x) S. No 566 and the entries relating thereto shall be omitted. (G. G. Pai) Under Secretary to the Government of India. [F. No. 354/95/2008-TRU] Note : The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R. 118(E), dated the 1 st March, 2002 and was last amended by notification no. 71/2008-Customs, dated the 26 th May, 2008 which was published in the Gazette of India, Extraordinary vide number G.S.R.401(E), dated the 26 th May, 2008.