Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / TMI Blogs / RSS

Partial exemption from auxiliary duty in excess of 25% ad valorem on certain goods which are either partially or wholly exempt from basic customs duty

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ction of Taxes Act, 1931 (16 of 1931), the force of law, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods which are partially or wholly exempt from the duty of customs specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), by virtue of the notifications of the Government of India in the Department of Revenue and Banking or in the Ministry of Finance (Department of Revenue) specified in the Schedule below, from so much of the auxiliary duty of customs leviable thereon under sub-clause (1) of clause 3 of the said Finance Bill as is in excess of the amount calculated at the rate of 25 per cent of the value of such goods as determined in accordance with....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....toms, dated the 17th March, 1985. 18.   No. 123-Customs, dated the 11th April, 1985. 19.   No. 314-Customs, dated the 11th October, 1985. 20.   No. 345-Customs, dated the 2nd December, 1985. 21.   No. 376-Customs, dated the 31st December, 1985. 22.   No. 125-Customs, dated the 17th February, 1986. 23.   No. 154-Customs, dated the 1st March, 1986. 24.   No. 255-Customs, dated the 17th April, 1986. 25.   No. 343-Customs, dated the 16th June, 1986. 26.   No. 344-Customs, dated the 16th June, 1986. 27.   No. 345-Customs, dated the 16th June, 1986. 28.   No. 346-Customs, dated the 16th June, 1986. 29.&....