Home India Ministry of Finance In exercise of the powers conferred by sub section 1 of sect...
Date: 2020-08-07 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

Issued by Ministry of Finance · Department of Revenue

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Policy Summary: Customs Exemption for Kudankulam Nuclear Power Project** This notification, No. 32/2020-Customs, issued by the Ministry of Finance, Department of Revenue, on August 7, 2020, amends Notification No. 50/2017-Customs, dated June 30, 2017. The amendment, made under the authority of Section 25(1) of the Customs Act, 1962, and Section 3(12) of the Customs Tariff Act, 1975, adds "Kudankulam Nuclear Power Project (KKNPP) Units 5 and 6 (1000 MW x 2)" to List 32 of the original notification. This addition grants a customs duty exemption to the specified project. The notification is issued in the public interest. The responsible officer is J. S. Kandhari, Dy. Secy., and the file number is F. No. 354/60/2020-TRU.

Key Entities Referenced

Ministry of Finance: The ministry responsible for financial matters in the Government of India. Department of Revenue: A department within the Ministry of Finance responsible for revenue collection and tax administration. Customs Act, 1962: An act of the Parliament of India to consolidate and amend the law relating to customs. Customs Tariff Act, 1975: An act of the Parliament of India to provide for the imposition of a customs tariff. Central Government: The executive authority of the Union of India. New Delhi: The capital of India where the notification was issued. Kudankulam Nuclear Power Project KKNPP Units 5 and 6: A nuclear power plant project located in Tamil Nadu, India. Specifically units 5 and 6 are mentioned. G.S.R. 494E: A reference number assigned to the notification published in the Gazette of India.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-xअxx.G-0ID7E0x8x2x 020-220958 CG-DL-E-07082020-220958 असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 389] नई ददल्ली, िक्रु िार, अगस्ट्त 07, 2020/श्रािण 16, 1942 No. 389] NEW DELHI, FRIDAY, AUGUST 07, 2020/SRAVANA 16, 1942 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अजधसचू ना नई ददल्ली, 7 अगस्ट् त, 2020 स.ं 32/2020-सीमािल्ु क सा.का.जन. 494(अ).— केन्द्रीय सरकार, सीमािुल्क अजधजनयम, 1962 (1962 का 52) की धारा 25 की उपधारा (1) और सीमािुल्क टैररफ अजधजनयम, 1975 (1975 का 51) की धारा 3 की उपधारा (12) द्वारा प्रदत्त िजियों का प्रयोग करत े हुए, यह समाधान हो िाने पर दक लोक जहत में ऐसा करना आिश्यक ह,ै भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना सं. 50/2017-सीमािुल्क, तारीख 30 िून, 2017 िो भारत के रािपत्र, असाधारण, भाग 2, खंड 3, उपखंड (i), सा.का.जन.सं. 785(अ), तारीख 30 िून, 2017 द्वारा प्रकाजित की गई थी, का जनम्नजलजखत और संिोधन करती ह,ै अथाता ् :-- उि अजधसूचना में, सूची 32 में, मद संख्या 12 और उससे संबंजधत प्रजिजियों के पश्चात्, जनम्नजलजखत मद अंत:स्ट्थाजपत की िाएंगी, अथाात:-- 3584 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] “(13) परमाजणिक िजि पररयोिना – 5 और 6 (1000 x 2)”| [फा. सं. 354/60/2020-टीआरयू] िे.एस. कंधारी, उप सजचि रटप्पण : मूल अजधसूचना स.ं 50/2017 – सीमा-िुल्क, तारीख 30 िून, 2017 भारत के रािपत्र, असाधारण, भाग 2, खंड 3, उपखंड (i), सा.का.जन. सं. 785(अ), तारीख 30 िून, 2017 द्वारा प्रकाजित की गई थी और अजधसूचना संख्या 27/2020–सीमा-िुल्क, तारीख 9 िून, 2020 द्वारा अंजतम बार संिोजधत की गई थी िो भारत के रािपत्र, असाधारण, भाग 2, खंड 3, उपखंड (i) म ेंसा.का.जन. संख्या 358(अ), तारीख 9 िून, 2020 द्वारा प्रकाजित की गई । MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 7th August, 2020 No. 32 /2020 –Customs G.S.R. 494(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), 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. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:- In the said notification, in List 32, after item number 12 and the entries relating thereto, the following shall be inserted, namely: - “13) Kudankulam Nuclear Power Project (KKNPP) Units- 5 and 6 (1000 MW x 2)”. [F. No. 354/60/2020-TRU] J. S. KANDHARI, Dy. Secy. Note: The principal notification No. 50/2017- Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), vide number G.S.R. 785 (E), dated the 30th June, 2017 and last amended vide notification No.27/2020-Customs, dated the 9th June, 2020, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), vide number G.S.R. 358 (E), dated the 9th June, 2020. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research