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Seeks to amend notification Nos.11/2018-Customs, 12/2018-Customs, 13/2018-Customs and 21/2018-Customs, all dated 2nd February 2018.

Circular No.ES/9/2018-19                                                                                      April 7, 2018

To: Members of the Council

SubSeeks to amend notification Nos.11/2018-Customs, 12/2018-Customs, 13/2018-Customs and 21/2018-Customs, all dated 2nd February 2018.

Dear Member,

This is to inform you that Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 41/2018- Customs dated 06th April, 2018 by making amendments in the following notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table below, to the extent specified in the corresponding entries in column (3) of the said Table, namely:-


Sr.No.

 

 


 Notification No. and Date

 

 

Amendments

1

11/2018-Customs, dated the 2nd February, 2018- Seeks to exempt specified goods from the whole of levy of Social Welfare Surcharge

In the said notification,-

(i)         for the words, figures and brackets “clause 108 of the Finance Bill, 2018 ( 4 of 2018), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law”, the words, figures and brackets, “section 110 of Finance Act, 2018 (13 of 2018)” shall be substituted;

(ii)        for the words “under the said clause of the Finance  Bill”, the words “under the said section of the said Finance Act” shall be substituted.

2

12/2018-Customs, dated the 2nd February, 2018 - Seeks to exempt specified goods from the of levy of Social Welfare Surcharge in excess of 3%  

In the said notification,-

(i) for the words, figures and brackets “clause 108 of the Finance Bill, 2018 ( 4 of 2018), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law”, the words, figures and brackets, “section 110 of Finance Act, 2018 (13 of 2018)” shall be substituted;

(ii) for the words “under the said clause of the Finance Bill”, the words “under the said section of the said Finance Act” shall be substituted.

3

13/2018-Customs, dated the 2nd February, 2018- Seeks to exempt Integrated tax and Goods and Services Tax compensation cess on imported goods from the whole of levy of Social Welfare Surcharge

In the said notification,-

(i) for the words, figures and brackets “clause 108 of the Finance Bill, 2018 ( 4 of 2018), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law”, the words, figures and brackets, “section 110 of Finance Act, 2018 (13 of 2018)” shall be substituted;

(ii) for the words and figures “under the said clause of the Finance Bill”, the words “under the said section of the said Finance Act” shall be substituted.

4

21/2018-Customs, dated the 2nd February, 2018 - Seeks to exempt Additional Duty of Customs (CVD), in lieu of Additional Duty of Excise (Road and Infrastructure Cess) levied under clause 110 of the Finance Bill, 2018

 

In the said notification, -

(i) for the words, figures and brackets “clause 110 of the Finance Bill, 2018 (4 of 2018), which, by virtue of the declaration made in the said Finance Act under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law”, the words, figures and brackets, “section 112 of Finance Act, 2018 (13 of 2018)” shall be substituted;

(ii) for the words and figures “aforesaid clause 110 of the Finance Bill, 2018”, the words and figures “aforesaid section 112 of Finance Act, 2018” shall be substituted.

 

Members may kindly make a note of the above amendments.

Thanking you,

Yours faithfully,

S. BALARAJU
EXECUTIVE DIRECTOR

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