Customs tariff amendment increases specified exemption threshold and defers compliance date effective next quarter. This notification amends Notification No. 12/2012-Customs by substituting the figure 500 with 1000 in item (y) of serial number 282 in the Table, and by replacing the proviso clause (bc) operative date 'first day of January, 2015' with 1st day of April, 2015.
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Customs tariff amendment increases specified exemption threshold and defers compliance date effective next quarter.
This notification amends Notification No. 12/2012-Customs by substituting the figure 500 with 1000 in item (y) of serial number 282 in the Table, and by replacing the proviso clause (bc) operative date "first day of January, 2015" with 1st day of April, 2015.
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