TMI BlogEffective rate of duty on gold imported by a passenger of Indian origin or a passenger holding a valid passport issued under the Passport Act, 1967 (15 of 1967)X X X X Extracts X X X X X X X X Extracts X X X X ..... n gold imported by a passenger of Indian origin or a passenger holding a valid passport issued under the Passport Act, 1967 (15 of 1967). Notification No. 31/03-Cus. Dated 1.3.2003 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the erstwhile Ministry of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 3 of the said Customs Tariff Act. Table S.No. Description of goods Rate 1 2 3 1. Gold bars, other than tola bars, bearing manufacturer's or refiner's engraved serial number and weight expressed in metric units, and gold coins ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ry of by an eligible passenger from a customs bonded warehouse of the State Bank of India or the Minerals and Metals Trading Corporation Ltd., subject to the conditions (i) and (ii) of para 2 above, and subject to further condition that such eligible passenger 4 files a declaration in the prescribed form before the proper officer of customs at the time of his arrival in India declaring his intenti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... * Notes: 1. Substituted vide notification no. 78/2009 Cus dated 7/7/2009 , before it was read as, [Sr. No. 1= ₹ 100 per 10 gms. And Sr. No. 2= ₹ 250 per 10 gms ], Further substituted vide notification no. 17/2010 Customs dated 27/2/2010 , before it was read as, [Sr. No. 1= ₹ 200 per 10 gms. And Sr. No. 2= ₹ 500 per 10 gms ] - Notification Tax Management ..... X X X X Extracts X X X X X X X X Extracts X X X X
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