TaxTMI 
TaxTMI 
Seeks to further amend Notification No. 12/2012 – Customs, dated 17th March, 2012
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....015-Customs New Delhi, the 7th May, 2015 G.S.R. 370 (E).-In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of R....
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.... 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 - 102"; (b) after the Table, in the proviso, after clause (bc), the following clause shall be inserted, namely:- "(ca) the goods specified against serial....
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....date of import, or such extended period not exceeding a further period of six months as the Commissioner of Customs may allow; (iii) the importer also produces utilisation certificates from the generating companies to the effect that the RLNG has been utilised for generating and supplying electrical energy by the said generating companies before the Assistant Commissioner of Customs or Deputy C....
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....duty leviable on such goods but for the exemption contained therein and the duty levied at the time of import, along with the applicable interest thereon; (vi) the importer furnishes the invoices and utilisation certificates for a quantity greater than the quantity indicated in self-declaration furnished under (i) above, then the importer shall be allowed to adjust the duty paid on such additio....