Seeks to further Amend Notification No. 12/2012-Customs, dated the 17th March, 2012

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....ch, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 185 (E), dated the 17th March, 2012, namely:- In the said notification,- (a) in the Table,- (i) against serial number 138, for the entry in column (4), the entry "2.5%" shall be substituted; (ii) after serial number 172A and the entries relating thereto, the following serial number and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "172B 2902 41 00 o-Xylene Nil - -"; (iii) for serial number 181A and the entries relating thereto, the following serial number and entries shall be substituted, namely:- (1) (2) (3) (4) (5) (6) "181....

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....o, the following serial number and entries shall be inserted, namely :- (1) (2) (3) (4) (5) (6) "294A 5404 19 90 Monofilament yarn 5% - 29A"; (ix) against serial number 305A, for the entry in column (4), the entry "Nil" shall be substituted; (x) for serial number 324 and the entries relating thereto, the following serial number and entries, shall be substituted, namely:- (1) (2) (3) (4) (5) (6) "324 71 (i) Silver, in any form, other than medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92; (ii) Medallions and silver coins having silver content not below 99.9% or semi-manufac....

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....2) (3) (4) (5) (6) "371E 2818 20 90 Clay 2 Powder (Alumax) for use in ceramic substrate for catalytic convertors 5% - 5"; (xiv) after serial number 400 and the entries relating thereto, the following serial number and entries shall be inserted, namely :- (1) (2) (3) (4) (5) (6) "400A 8421 99 00 All goods other than Reverse Osmosis (RO) membrane element for household type filters 7.5% - -"; (xv) against serial number 406B, for the entry in column (3), the entry "Ball screws for use in the manufacture of CNC Lathes (tariff items 8458 11 00, 8458 91 00), Machining Centres (tariff items 8457 10 10, 8457 10 20) or all types of CNC machine tools falling under head....

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....owing serial numbers and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "410 A Any Chapter All parts for use in the manufacture of LED lights or fixtures including LED Lamps 5% - 5 410 B Any Chapter All inputs for use in the manufacture of LED (Light Emitting Diode) driver or MCPCB (Metal Core Printed Circuit Board) for LED lights and fixtures or LED Lamps 5% - 5"; (xx) against serial number 519, for the entry in column (3), the entry "Goods imported through postal parcels, packets and letters, the CIF value of which is not more than one thousand rupees per consignment" shall be substituted; (b) in the Annexure, (i) in Condition No.27, for conditio....

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....m and Natural Gas, Government of India, to the effect that the said goods are no longer required for the petroleum operations or coal bed methane operations, and the depreciated value of the goods shall be equal to the original value of the goods at the time of import reduced by the percentage points calculated by straight line method as specified below for each quarter of a year or part thereof from the date of clearance of the goods, namely:- (i) for each quarter in the first year at the rate of 4 per cent.; (ii) for each quarter in the second year at the rate of 3 per cent.; (iii) for each quarter in the third year at the rate of 2.5 per cent.; and (iv) for each quarter in the fourth year and subsequen....