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May 23, 2022

Reduction of Import Duty on key raw materials used in the Steel industry.

by CA Shivam Jaiswal in Circular and Notifications

Reduction of Import Duty on key raw materials used in the Steel industry.

MINISTRY OF FINANCE

(Department of Revenue) New Delhi

Notification No 27/2022-Customs | Dated: 21.05.2022

G.S.R. 379(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 124 of the Finance Act, 2021 (13 of 2021), 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.11/2021-Customs, dated the 1st February, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 69(E), dated the 1st February, 2021, namely :-

In the said notification, in the Table, against S. No. 10 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:-

(1)(2)(3)(4)
    “10A    2701 (a) Anthracite / Pulverized Coal Injection (PCI) coal
(b) Coking coal
    Nil”

2. This notification shall come into effect on the 22nd day of May, 2022.

F. No. 354/12/2022-TRU] NITISH KARNATAK, Under Secy. Ads by

Note : The principal notification No.11/2021 -Customs, dated the 1st day  of February, 2021 was published in the Gazette of India, Extraordinary, Part II, Section3, Sub-section (i), vide number G.S.R. 69(E)., dated the 1st day of February, 2021 and last amended vide notification No. 42/2021-Customs, dated the 10th September, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 624(E)., dated the 10th September, 2021.

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