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CVD on Import of Fertilisers under Chapter 31 made @ 1%

The Countervailing Duty on Fertilisers under Chapter 31 of Customs has been levied @1% ad valorem in case of imports of same into India.

 

Notification No.35/2011-Customs

[F.No.354/35/2011TRU]

New Delhi, 15th April, 2011

G.S. R. 322(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, on being satisfied that it is necessary in the public interest so to do, hereby exempts all goods, other than those which are clearly not to be used as fertilisers, falling under chapter 31 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much of the additional duty of customs leviable thereon  under sub-section (1) of section 3 of the said Customs Tariff Act as is in excess of 1% ad valorem.

 

 

(Sanjeev Kumar Singh)

Under Secretary to the Government of India.

 

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