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Seeks to further amend notification No. 12/2012-Customs dated 17th March 2012 so as to withdraw CVD exemption on gold coins having gold content not below 99.5 and gold findings

Customs - 59/2016 - Dated:- 1-12-2016 - GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 59/2016 - Customs New Delhi, the 1st December, 2016 G.S. R. 1111(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 Ministr .....

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efiner s engraved serial number and weight expressed in metric units; (ii) Gold coins having gold content not below 99.5% and gold findings, other than imports of such goods through post, courier or baggage. Explanation. - For the purposes of this entry, "gold findings" means a small component such as hook, clasp, clamp, pin, catch, screw back used to hold the whole or a part of a piece of jewellery in place. . 10% 10% Nil - [F. No. 354/122/2016 -TRU] (Anurag Sehgal) Under Secretary to .....

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