This notification, No. 103/2016-Customs (N.T.), issued by the Ministry of Finance, Department of Revenue, New Delhi, on July 25, 2016, specifies additional classes of goods under subsection (2) of section 123 of the Customs Act, 1962 (52 of 1962). This notification also supersedes the earlier Notification No. 204/84-Customs, dated July 20, 1984. The goods now specified for the purposes of the said section are: 1. Silver bullion; and 2. Cigarettes. The notification was issued under F. No. 394/322/2007-CUS (AS) and signed by A. C. Mallick, Under Secretary.
Key Entities Referenced
Ministry of Finance: A department of the Government of India responsible for financial matters.
Department of Revenue: A department within the Ministry of Finance responsible for revenue collection.
New Delhi: The location where the notification was issued.
Customs Act, 1962: An act of the Parliament of India to consolidate the law relating to customs.
Central Government: The governing authority of India.
Notification No. 20484 Customs: A previous notification issued by the Ministry of Finance, Department of Revenue on July 20, 1984, that is being superseded.
Silver bullion: A class of goods specified for the purposes of Section 123 of the Customs Act, 1962.
Cigarettes: A class of goods specified for the purposes of Section 123 of the Customs Act, 1962.
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3832 GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 25th July, 2016
No. 103/2016-Customs (N.T.)
G.S.R. 758(E).—In exercise of the powers conferred by sub-section (2) of section 123 of the Customs
Act, 1962 (52 of 1962), and in supersession of the Notification of the Government of India in the Ministry of
Finance (Department of Revenue) No. 204/84 -Customs, dated the 20th July, 1984, the Central Government
hereby specifies the following other classes of goods, for the purposes of the said section, namely:-
1. Silver bullion.
2. Cigarettes.
[F. No. 394/32/2007-CUS (AS)]
A. C. MALLICK, Under Secy.
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.