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Seeks to further amend notification No.12/2012-Customs dated 17.03.2012 - Effective rate of duty on import of goods - Amendments with regard to various items.

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..... e 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 (i) vide number G.S.R. 185 (E), dated the 17th March, 2012 , namely:- In the said notification,- (A) in the Table,- (i) in serial number 163A, for the entry in column (3), the entry Medical use fission Molybdenum-99 (Mo-99) for use in the manufacture of radio pharmaceuticals shall be substituted; (ii) after serial number 305A and the entries relating thereto, the following serial number and entries shall be inserted, namely :- (1) (2) (3) (4) (5) (6) .....

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..... it boards) shall be inserted; (ix) against serial number 431H, in column (3), in item (a), after the words Parts, components and accessories , the brackets and words (except populated printed circuit boards) shall be inserted; (x) against serial number 431-I, in column (3), in item (a), after the words Parts, components and accessories , the brackets and words (except populated printed circuit boards) shall be inserted; (xi) against serial number 431J, in column (3), in item (a), after the words Parts, components and accessories , the brackets and words (except populated printed circuit boards) shall be inserted; (xii) against serial number 431K, in column (3), in item (a), after the words Parts, components and access .....

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..... 5 , (xiv) against serial number 448, in column (3), for the exisiting entry, the following entry shall be substituted, namely:- Parts, testing equipment, tools and tool-kits for maintenance, repair, and overhauling of,- (i) aircraft falling under heading 8802; or (ii) components or parts, including engine, of aircrafts of heading 8802, by the units engaged in such activities. (xv) after serial number 448A and the entries relating thereto, the following serial number and entries shall be inserted, namely:- (1) (2) (3) .....

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..... components, parts including engines of aircrafts and submits such account periodically to the Commissioner of Customs in such manner as may be specified by the said Commissioner; (D) the importer, by the execution of bond, in such form and for such sum as may be specified by the said Commissioner, binds himself to pay on demand an amount equal to the duty leviable,- (i) on parts, tools and tool kits as are not proved to the satisfaction of the said Commissioner to have been used or consumed for the aforesaid purpose; (ii) on the testing equipment, as are not proved to the satisfaction of the said Commissioner to have been installed or otherwise used for the aforesaid purposes, within a period of three years from the .....

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