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Seeks to further amend Notification No. 12/2012 Customs, dated 17th March, 2012

Customs - 31/2015 - Dated:- 7-5-2015 - [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 31/2015-Customs New Delhi, the 7th M .....

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ng further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 12/2012-Customs, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section .....

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2711 11 00, 2711 21 00 Liquefied natural gas (LNG) and natural gas (NG) when imported by GAIL for supply to a generating company as defined in clause (28) of section 2 of the Electricity Act, 2003 (36 of 2003) to supply electrical energy or to engag .....

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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 s .....

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declaration at the time of import to the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, indicating the quantity of LNG being imported for supply as Regasified Liquefied natural gas (RLNG) to generating compan .....

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, within a period of three months from the 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 co .....

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tion certificates shall be produced within a period of three months from the date of import, or such extended period not exceeding a further period of six months as the Commissioner of Customs may allow; (iv) GAIL furnishes a corporate guarantee back .....

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mmissioner of Customs, as the case may be; (v) the importer furnishes an undertaking to pay, on demand, in the event of his failure to comply with any of the aforesaid conditions, an amount equal to the difference between the Customs duty leviable on .....

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