Notification no 24/2018 Customs date on 06th February, 2018
Seeks to increase import duty on all types of sugar under tariff head 1701, [Raw sugar, Refined or White sugar, Raw sugar if imported by bulk consumer] from the present 50% to 100% (Tariff rate) with immediate effect and without an end date.
The extract of CUSTOMS Notification No. 24/2018- CUSTOMS is given below:
Notification No. 24/2018-CUSTOMS
[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 24/2018-Customs
New Delhi, the 6th, February, 2018
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the
Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-
In the said notification,
(A) in the Table,-
(i) S.No. 84 and the entries relating thereto shall be omitted;
(ii) S.No. 85 and the entries relating thereto shall be omitted;
(iii) S.No. 86 and the entries relating thereto shall be omitted;
(iv) S.No. 87 and the entries relating thereto shall be omitted;
(v) S.No. 88 and the entries relating thereto shall be omitted;
(B) in the ANNEXURE, condition numbers 4, 5, 6 and 7 shall be omitted.
[F.No.354/78/2009-TRU (Pt.)]
(Mohit Tewari)
Under Secretary to the Government of India
Note: The principal notification No.50/2017-Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017 and last amended vide notification No. 6/2018-Customs, dated the 2nd, February 2018, published vide number G.S.R. 109 (E), dated the 2nd, February 2018.
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