Exemption in relation to import of gold, silver and platinum imported under specified schemes - Seeks to amend Notification No. 57/2000-Customs, dated the 8th May, 2000

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....USTOMS) Notification No. 28/2019 - Customs New Delhi, the 02nd September, 2019 G.S.R. 624 (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 ....

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....(1), (3) and (5) of section 3 of the said Customs Tariff Act", the following shall be substituted, namely:- "hereby exempts silver, gold and platinum of the description specified in column (3) of the Table below falling under headings 71.06,71.08 and 71.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India under the scheme specified in column (2) ....

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....p;customs leviable thereon, which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975). 2. Under the Scheme for 'Export Against Supply by Nominated Agencies' as referred to in Paragraph 4.41 of the Foreign Trade Policy, read with relevant provisions of Chapter 4 of the Hand Book of Procedures. Gold, Silver, Platinum Whole of the duty of cu....