Custom notification after budget 28 February 2015

Tax Alert India
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Government release custom notifications after budget presented by Finance Minister Mr. Arun Jaitley. The notification no. 6/2015, 7/2015, 8/2015, 9/2015, 10/2015, 11/2015 and 27/2015 issued after budget by department of revenue, Government of India.  The notification details are as follows.

G.S.R. (E).- In exercise of the powers conferred by section 103 of the Finance (No.2) Act, 1998 (21 of 1998), read with sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts motor spirit commonly known as petrol, falling under heading 2710 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much of the additional duty of 
customs leviable thereon under section 103 read with the Second Schedule to the said Finance (No.2)Act, 1998, as is in excess of the amount calculated at the rate of rupees six per litre. 

Download all notification of custom after budget 


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