Home India Ministry of Finance In exercise of the powers conferred by clause d of sub secti...
Date: 2018-03-28 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by clause d of sub section 1 of the Section 7 of the Customs Act

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

This notification, No. 25/2018-Customs (N.T.), issued by the Ministry of Finance, Department of Revenue on March 28, 2018, introduces amendments to Notification No. 64/1994-Customs (N.T.) dated November 21, 1994. The amendments, made in exercise of powers conferred by clause (d) of subsection (1) of Section 7 of the Customs Act, 1962, concern the appointment of coastal ports. Specifically, the notification: * Appoints the Pellet plant jetty at Shiroda as a coastal port for trade in iron ore pellets and its raw materials. * Appoints Bhogat port as a coastal port for coastal trade in crude petroleum. * Adds "Yogayatan" as entry 51 under serial number 9 relating to the State of Maharashtra in column 3 of the TABLE of the original notification. The notification can be referenced by F.No.572022016LC. The issuing officer is B. Konthoujam, Under Secretary.

Key Entities Referenced

Customs Act, 1962: An act of the Parliament of India to consolidate and amend the law relating to customs. Central Board of Excise and Customs: The apex indirect tax body in India, now known as Central Board of Indirect Taxes and Customs (CBIC). Ministry of Finance, Department of Revenue: A department within the Ministry of Finance responsible for matters relating to revenue. Shiroda, Maharashtra: A coastal area in Maharashtra, where Pellet plant jetty is appointed to be coastal port for trade in iron ore. Bhogat port: A coastal port for carrying on of coastal trade in crude petroleum. Maharashtra: A state in India, mentioned in relation to serial number 9 and Yogayatan entry. Yogayatan: An entry inserted in the table against serial number 9 relating to the State of Maharashtra. New Delhi: Capital of India, where the notification was issued.
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