Applicable CVD on Steam Coal imported from Indonesia under FTA notification No. 46/2011-Customs-reg.

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..... The Chief Commissioner of Customs & Central Excise (All) The Director General (All) Sir/Madam, Subject: Applicable CVD on Steam Coal imported from Indonesia under FTA notification No. 46/2011-Customs-reg. I am directed to invite your attention to the above mentioned subject. 2. Under notification No. 12/2012-Customs, dated 17-03-2012 (S. No. 123 of the Table), Steam Coal falling under sub- .....

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..... s, including CVD are charged as applicable to similar imports from other countries. The CVD on an imported article is levied at a rate equal to the excise duty leviable on a like article, if produced or manufactured in India. However, at times, under a notification issued under section 25(1) of the Customs Act, 1962, CVD is levied at a rate which is lower than the rate of excise duty leviable on t .....

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..... herefore clarified that an importer while availing of BCD exemption on steam coal under FTA notification No. 46/2011-Customs can simultaneously avail of concessional CVD at 2% under notification No. 12/2012-Cus. 6. Difficulties, if any, faced in the implementation of above instructions may be brought to the notice of the Ministry at an early date. Yours faithfully, (P. K. Mohanty) Joint Secret .....

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