Home India Ministry of Finance In pursuance of sub-section (2) of Section 70 of the Customs...
Date: 2016-01-11 Category: Extra Ordinary State: Union Government Country: India

In pursuance of sub-section (2) of Section 70 of the Customs Act, 1962

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

## Policy Summary: Notification No. 32/2016-Customs (N.T.) This notification, S.O. 85(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Excise and Customs on January 11, 2016, specifies goods to which Section 70 of the Customs Act, 1962 (52 of 1962) applies when deposited in a warehouse. This notification supersedes the earlier Notification No. G.S.R. 794, dated May 11, 1963, with the exception of actions taken or omitted before this supersession. The goods specified include: i) Aviation fuel, motor spirit, mineral turpentine, acetone, methanol, raw naphtha, vaporizing oil, kerosene, high-speed diesel oil, batching oil, diesel oil, furnace oil, and ethylene dichloride, kept in tanks. ii) Wine, spirit, and beer, kept in casks. iii) Liquid helium gas kept in containers. iv) Crude oil stored in caverns. The notification was issued under F. No. 473/07/2015-LC and signed by Vemsunaro Jamir, Under Secretary.

Key Entities Referenced

Customs Act, 1962: A law governing customs duties and regulations in India, referenced as the basis for the notification. Ministry of Finance, Department of Revenue: The Indian government ministry and department responsible for revenue and financial matters, including customs and excise duties. Central Board of Excise and Customs: The government body responsible for the formulation of policy concerning levy and collection of excise duties and customs in India, now known as Central Board of Indirect Taxes and Customs (CBIC). New Delhi: The capital city of India, where the notification was issued. G.S.R. 794, dated the 11th May, 1963: A previous notification issued by the Ministry of Finance, Department of Revenue, which is being superseded by this new notification. Aviation fuel: A type of fuel used to power aircraft, mentioned as one of the goods that can be deposited in a warehouse under the specified section of the Customs Act. Temsunaro Jamir: Under Secretary who signed the notification. Mayapuri, New Delhi: A district in Delhi, India, where the Government of India Press is located.
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jftLVªh löa Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (ii) PART II—Section 3—Sub-section (ii) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY l-a 79] ubZ fnYyh] lkseokj] tuojh 11] 2016@ikS"k 21] 1937 No. 79] NEW DELHI, MONDAY, JANUARY 11, 2016/PAUSA 21, 1937 foÙk ea=kky; MINISTRY OF FINANCE (jktLo foHkkx) (Department of Revenue) (dsUæh; mRikn ,oa lhek 'kqYd cksMZ) (CENTRAL BOARD OF EXCISE AND CUSTOMS) vf/lwpuk NOTIFICATION ubZ fnYyh] 11 tuojh] 2016 New Delhi, the 11th January, 2016 la- 3@2016&lhek&'qkYd (xS- VS-) No. 3/2016-Customs (N.T.) S.O. 85(E).—In pursuance of sub-section (2) of dk-vk- 85(v)-—lhek&'kYq d vf/fu;e] 1962 (1962 Section 70 of the Customs Act, 1962 (52 of 1962), and in dk 52) dh /kjk 70 dh mi&/kjk (2) ds vuqlj.k esa Hkkjr supersession of the Notification of the Government of ljdkj] foÙk ea=kky; (jktLo foHkkx) dh vf/lwpuk] ftls India in the Ministry of Finance (Department of Revenue) lk- dk- fu- 794] fnukad 11 ebZ] 1963 ds rgr Hkkjr ds jkti=k] notification number G.S.R. 794, dated the 11th May, 1963, Hkkx II] [kaM&3] mi&[kaM (i) fnukad 11 ebZ] 1963 dks izdkf'kr published in the Gazette of India, Part-II, Section (3), Sub- Section (i), dated the 11th May, 1963, excepts as respects fd;k x;k Fkk] dk vf/Øe.k djrs gq, dsUnz ljdkj ,sls vf/Øe.k things done or omitted to be done before such ls iwoZ dh xbZ vFkok djus ls yksi dh xbZ ckrksa dks NksM+rs gq, supersession, the Central Government hereby specifies the ,rnn~okjk] fuEufyf[kr mu oLrqvksa dks fofu£n"V djrh gS] ftuij following goods to which the provisions of that section bl /kjk ds izko/ku rc ykxw gksaxs tc mu oLrqvksa dks fdlh shall apply when they are deposited in a warehouse namely:— os;jgkÅl esa tek fd;k x;k gks] ;Fkk& (i) aviation fuel, motor spirit, mineral turpentine, ¶(i) VSadksa esa j[kk foekuu b±/u] eksVj fLizV] feujy acetone, methanol, raw naptha, vaporizing oil, kerosene, VjisuVkbu] ,lhVksu] eSFkkukWy] dPpk usIFkk] okf"ir rsy] fdjkslhu] high speed diesel oil, batching oil, diesel oil, furnace oil and ethylene dichlororide, kept in tanks; gkbZLihM Mhty vkWby] cS¯px vkWby] Mhty vkWby] HkV~~Vh rsy rFkk ,fFkyhu MkbDyksjkbM A (ii) wine, spirit and beer, kept in casks; (ii) ihiksa esa j[kh 'kjkc] fLizV rFkk ch;j] (iii) liquid helium gas kept in containers; and (iv) crude stored in caverns. (iii) cjruksa esa j[kh rjy ghyh;e xSl] rFkk (iv) [kksgks esa lafpr dPpk rsy¸ [F. No. 473/07/2015-LC] ¹iQk- l-a 473@07@2015&,ylhº TEMSUNARO JAMIR, Under. Secy. Vselqukjks tehj] voj lfpo 139 GI/2016 Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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