Home India Ministry of Finance In exercise of the powers conferred by sub-section (1) of se...
Date: 2016-02-02 Category: Extra Ordinary State: Union Government Country: India

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

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

**Policy Summary** This notification, No. 7/2016-Customs, issued by the Ministry of Finance, Department of Revenue, amends notification No. 12/2012-Customs, dated March 17, 2012. The amendment, made under the powers conferred by subsection (1) of section 25 of the Customs Act, 1962, omits serial number 129 and its related entries from the table within the principal notification. The Central Government has deemed this amendment necessary in the public interest. The original notification No. 12/2012-Customs was published as G.S.R. 185(E), dated March 17, 2012, and was last amended by notification No. 6/2016-Customs, dated January 28, 2016, published as G.S.R. 124(E), dated January 28, 2016. The notification is issued under F. No. 356/462/2011-TRU and signed by Anurag Sehgal, Under Secretary.

Key Entities Referenced

Customs Act, 1962: An Act of the Parliament of India to consolidate and amend the law relating to customs. Ministry of Finance: A ministry in the Government of India responsible for the country's finances. Department of Revenue: A department under the Ministry of Finance, Government of India, responsible for all direct and indirect taxes. New Delhi: The capital of India, where the notification was issued. Central Government: The executive authority of the Union of India. G.S.R. 135E: A reference number assigned to a statutory rule or order published in the Gazette of India. No. 12/2012-Customs: A notification issued by the Ministry of Finance, Department of Revenue, related to customs. Anurag Sehgal: Under Secretary in the Government of India, as indicated by signature block.
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