Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Amendment in Notification No. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIR of duty drawback

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Service Tax Drawback Rules, 1995 , the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 131/2016 - Customs (N.T.), dated the 31st October, 2016, published vide number G.S.R. 1018 (E), dated the 31st October, 2016 , namely:- In the said notification,- (a) in the Notes and conditions, in paragraph (3), for clause (ii), the following clause shall be substituted, namely:- (ii) any identifiable ready to use machined part or component predominantly made of iron, steel or aluminium, made through casting or forging process, and not specifically mentioned at six digit level or more in Chapter 84 or 85 or 87, except those classif .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d entries relating thereto shall be omitted; (B) against tariff item 2853, for the entry in column (2), the entry Phosphides, whether or not chemically defined, excluding ferrophosphorus; other inorganic compounds (including distilled or conductivity water and water of similar purity); liquid air (whether or not rare gases have been removed); compressed air; amalgams, other than amalgams of precious metals shall be substituted; (vi) in chapter - 29, against tariff item 2939, for the entry in column (2), the entry Alkaloids, natural or reproduced by synthesis, and their salts, ethers, esters and other derivatives shall be substituted; (vii) in chapter - 50, against tariff item 500799, (A) for the entry in column (5), the entr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ; (C) for the entry in column (6), the entry 1.9% shall be substituted; (D) for the entry in column (7), the entry 7.5 shall be substituted; (x) in chapter - 62, against tariff item 620901,- (A) for the entry in column (4), the entry 7.6% shall be substituted; (B) for the entry in column (5), the entry 30 shall be substituted; (C) for the entry in column (6), the entry 1.9% shall be substituted; (D) for the entry in column (7), the entry 7.5 shall be substituted; (xi) in chapter 69, - (A) for the tariff item 6907 and the entries relating thereto, the following tariff items and entries shall be substituted, namely :- 6907 Ceramic flags and paving, hearth o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in the entry in column (4), for the figures, 4085.9 , the figures, 3733.3 shall be substituted; (II) in the entry in column (6), for the figures, 4085.9 , the figures, 3733.3 shall be substituted; (xiii) in chapter - 82, against tariff item 8205, in the entry in column (2), for the words machine tools , the words machine-tools or water-jet cutting machines shall be substituted; (xiv) in chapter - 83, against tariff item 8308, for the entry in column (2), the entry Clasps, frames with clasps, buckles, buckle-clasps, hooks, eyes, eyelets and the like, of base metal, of a kind used for clothing or clothing accessories, footwear, jewellery, wrist watches, books, awnings, leather goods, travel goods or saddlery or for other m .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... m 8541, for the entry in column (2), the entry Diodes, transistors and similar semi-conductor devices; photosensitive semi-conductor devices; including photo voltaic cells, whether or not assembled in modules or made up into panels; light-emitting diodes (LED); mounted piezo-electric crystals shall be substituted; (xvii) in chapter 96, after tariff item 9619 and the entries relating thereto, the following tariff item and entries shall be inserted, namely :- 9620 Monopods, bipods, tripods and similar articles 1.5% 1.5% ; 2. This notification shall come into force on the 15th day of January 2017. [F. N .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates