Government has reduced the Customs duty on imports of engines of cylinder capacity exceeding 250cc(8408 2020) and Gearboxes and parts (870840). Sl. Nos 521 and 746 of Notification No. 69/2011-Cus dated 29.07.2011 are amended.
[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)
No. 65 / 2012 – Customs
New Delhi, dated the 31st December, 2012
G.S.R. 950 (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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.69/2011-Customs dated the 29th July, 2011 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 593 (E), dated the 29th July, 2011, namely:-
In the said notification, in the Table,-
(a) against S. No. 521, for the entry in column (4), the entry 8.75 shall be substituted;
(b) against S. No. 746, for the entry in column (4), the entry 10 shall be substituted.
2. This notification shall come into force with effect from the 1st day of January, 2013.
Under Secretary to Government of India