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of <h1>India Imposes 4% Additional Customs Duty on Specified Fuels Effective July 1, 2017 Under Notification 53/2017-Customs.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 53/2017-Customs, effective from July 1, 2017, imposing an additional duty of customs at a rate of four percent ad valorem on specified goods. This duty applies to goods such as petroleum crude, motor spirit (petrol), high-speed diesel, blended aviation turbine fuel, aviation turbine fuel, liquefied natural gas, and natural gas, as detailed in the notification. This measure supersedes the previous Notification No. 19/2006-Customs, except for actions completed before its supersession, and aims to align with various taxes applicable on similar goods within India.
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