Amends Notification No. 21/2002 dated 1-3-2002 - Effective Rate of Customs Duty - naphtha imported for generation of electric energy has been fully exempted from basic customs duty

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..... or generation of electric energy has been fully exempted from basic customs duty NOTIFICATION NO 128/2008-Cus. Dated: December 7, 2008 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 noti .....

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..... ds or any local authority or a person licensed under part II of the Electricity Act, 1910 or who has obtained a sanction under section 28 of the said act or a generating company permitted under the Electricity (Supply) Act, 1948 to supply electrical energy or to engage in the business of supplying electrical energy: Provided that the exemption shall not be available if such naphtha is used for g .....

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..... ubstituted; (ix) against S. No. 433, for the entry in column (5), occurring against the corresponding entry (1) in column (4), the entry "10%" shall be substituted. F. No. 354/207/2008-TRU (Unmesh Wagh) Under Secretary to Government of India Note: - The principal notification No.21/2002-Customs dated the dated the 1st March, 2002, was published in the Gazette of India, Extraordinary, vide .....

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