CUSTOMS Notification No 7 of 2018 dt 02nd February, 2018
Seeks to exempt levy of the whole of the Education Cess on all goods in the First schedule to the Customs Tariff Act, 1975
The extract of CUSTOMS Notification No. 7/2018- CUSTOMS is given below:
Notification No. 7/2018-CUSTOMS
7/2018-Customs dated 2nd February 2018
[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.7/2018- Customs
New Delhi, the 2nd 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), read with section 94 of the Finance (No. 2) Act, 2004 (23 of 2004), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts all goods specified in the First Schedule to the Customs Tariff Act, 1975 ( 51 of 1975) when imported into India, from whole of Education Cess leviable thereon under section 94 of the said Finance Act.
[F.No.334/04/2018-TRU]
(Ruchi Bisht)
Under Secretary to the Government of India
Learn Exports Imports Free, Click here
Click here to know GST rate of your goods or service
CGST Act section 51 Tax deduction at source
CGST Act Section 52 Collection of tax at source
CGST Act section 53 Transfer of input tax credit
CGST Act section 54 Refund of tax
CGST Act Section 55 Refund in certain cases
CGST Act section 56 Interest on delayed refunds
CGST Act section 57 Consumer Welfare Fund
CGST Act section 58 Utilisation of Fund
CGST Act Section 59 Self-assessment
CGST Act section 60 Provisional assessment
CGST Act section 61 Scrutiny of returns
CGST Act Section 62 Assessment of non-filers of returns
CGST Act section 63 Assessment of unregistered persons
Meaning of term GST Returns under GST
Payment voucher under GST
Sanction of refund under GST
Term Open Market Value (OMV) under GST
LC advantage exporter
LC advantage importer
LC parties
LCL shipment booking tips
Letter of credit
Import General Manifest (IGM)
Importance of Bill of Lading
Documents needed for Gabon import
Import Customs processes in Gabon
Import Registration and import Licence procedures in Gabon