9911796707
TMI BlogSeeks to prescribe effective rate of duty on goods specified in the notificationX X X X Extracts X X X X X X X X Extracts X X X X ..... ms Tariff Act, 1975 (51 of 1975) as are specified in the corresponding entry in column (2) of the said Table, when imported into India,- (a) from so much of the duty of customs leviable thereon under the said First Schedule as is in excess of the amount calculated at the standard rate specified in the corresponding entry in column (4) of the said Table; and (b) from so much of the additional duty leviable thereon under sub-section (1) of section 3 of the said Customs Tariff Act as is in excess of the additional duty rate specified in the corresponding entry in column (5) of the said Table, subject to any of the conditions, specified in the Annexure to this notification, the condition number of which is mentioned in the corresponding entry i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o engage in the business of supplying electrical energy: Provided that the exemption shall not be available if such liquefied natural gas (LNG) and natural gas (NG), is used for generation of electrical energy by captive generating plant as defined in clause (8) of section 2 of the Electricity Act, 2003 (36 of 2003) Nil - - 10. 2711 11 00, 2711 21 00 Liquefied natural gas (LNG) and natural gas when imported by an importer for supply to a generating company as defined in clause (28) 0f section 2 of the Electricity Act, 2003 (36 of 2003) to supply electrical energy or to engage in the business of supplying electrical energy, for generation of electrical energy: Nil - 3 Provided that the exemption shall not be available if such liquefied natur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . If in respect of the Liquefied Natural Gas (LNG) for which exemption is claimed,- (a) the importer indicates in the Bill of Entry, the quantity of LNG for which the exemption is claimed; and (b) the importer produces a certificate from the Assistant Commissioner or Deputy Commissioner of Customs, as the case may be, having jurisdiction over the place of export certifying that the quantity of LNG for which exemption is being claimed has actually been exported in terms of equivalent quantity by Gas Authority of India Limited (GAIL) to Pakistan during the preceding month under a contract entered into by GAIL for supply of re-gasified LNG to Pakistan based on import of LNG into India. 3. If,- (a) the importer furnishes security by way of bank ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 06-07-2019 before it was read as 1. 2709 00 00 All goods Nil - - 3. Substituted vide Notification No. 36/2019-Customs dated 30-12-2019 w.e.f. 01-01-2020 before it was read as 2710 19 20 4. Substituted vide Notification No. 24/2021 Customs dated 31-03-2021 w.e.f. 01-04-2021 before it was read as 2 [1. 2709 00 00 (i) All goods other than petroleum crude; NIL - - (ii) petroleum crude Re 1 per tonne - - ] 5. Omitted vide Notification No. 06/2022-Customs dated 01-02-2022 w.e.f. 01-05-2022 before it was read as 1A. 2709 00 90 All goods Nil - - ] 2. 2710 Motor spirit commonly known as petrol 2.5% - - 3. 2710 High speed diesel (HSD) 2.5% - - 4. 3 [ 2710 19 39 ] All goods 1 [ 5% ] - - 5. 2711 11 00 Liquefied natural gas (LNG) 2.5% - - 11. 2711 21 0 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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