Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 25/ 2013
-
Customs
New Delhi, dated the 8th
May, 2013
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), the Central Government, 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. 12/2012
-
Customs, dated the 17th March, 2012, published in the Gazette of India,
Extraordinary, vide
number G.S.R. 185(E), dated the 17th March, 2012,
namely:
-
In the said notification,
-
(a)
in the Table,-
(i)
after serial number 139 and the entries relating thereto, the following serial
number and
the entries shall be inserted, namely:
-
| “139 A |
27111100,
27112100 |
Liquefied natural gas (LNG) and natural gas when imported by gail NTPC JV or Petronet LONG Ltd. for supply to a generating company as
defined in section 2(28) of the Electricity Act, 2003 (36 of 2003) to
supply electrical energy or to engage in the business of supplying
electrical energy, for generation of electrical energy:
Provided
that the exemption shall not be
available if such liquefied natural gas (LNG)
and natural gas (NG), is used for generation of
electrical energy by captive generating plant as
defined in section 2(8) of the Electricity Act,
2003 (36 of 2003)”. |
Nil |
- |
100; |
- against serial number 150, for the entry in column (2), the entries “28 (except
2823 00
10)” shall be substituted;
- against
serial number 231, for the entry in column (4), the entry “7.5%” shall be
substituted;
- against serial number 237, for the entry in column (4), the entry “7.5%” shall
be
substituted;
- against serial number 238, for the entry in column (4), the entry “7.5%” shall be
substituted;
- against serial number 239, for the entry in column (4), the entry “7.5%” shall
be
substituted;
- against serial number 240, for the entry in column (4), the entry “7.5%” shall
be
substituted;
- against serial number 332, for the entry in column (4), the entry “2.5%” shall be
substituted;
- against serial number 333, for the entry in column (4), the entry “2.5%” shall
be
substituted;
- against serial number 338, for the entry in column (4), the entry “2.5%” shall be
substituted.
- in the ANNEXURE,-
- after Condition number 99 and the entries relating thereto, the following
condition number
and the entries shall be inserted, namely:
-
| "100 |
If-
(a) the importer furnishes security by way of bank guarante of and amount equal
to the difference between the duty leviable on such goods but for the exemption
contained therein and the duty levied at the time of import, to the Deputy
Commissioner or the Assistant Commissioner of Customs, as the case may be:
(b) the importer produces a cerificate form the jurisdictional Deputy
Commissioner or the Assistant Commissioner of Centtal Excise, as the case may
be, of the generating company within a period of sex months from the date of
import, or such extended period not exceeding a further period of six months as
the Commissioner of
Customs may allow, to the effect that the said Liquefied natural gas
(LNG) and natural gas (NG) so imported and supplied has been
utilised for generating and supplying electrical energy by
the said
generating company;
(c)
the importer furnishes an undertaking to pay, on demand, in the
event of his failure to comply with any of the aforesaid conditions,
an amount equal to the difference between the duty leviable on such
goods but for the exemption contained therein and the duty levied at
the time of import, along with the applicable interest thereon.
|
[F.No.334/3/2013
-
TRU]
(Raj Kumar Digvijay)
Under Secretary to the Government of India
Note: The
principal notification No. 12/2012
-
Customs, dated the 17th March, 2012, was
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub
-
section (i)
vide
number
G.S.R. 185(E), dated the 17th March, 2012 and was last amended by
notification
No 21/2013
-
Customs, dated the 18th
April, 2013 published in the Gazette of India, Extraordinary, Part II,
Section 3, Sub
-
section (i)
vide
number G.S.R.253 (E), dated the 18th
April, 2013 .