The Government of India has rescinded two old customs notifications, No. 190/1978-Customs and No. 191/1978-Customs, both dated 22nd September 1978. These notifications had prescribed an additional duty of customs on imports of transformer oil. The rescission is effective from 2nd February 2022, meaning these old duties no longer apply to future imports.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 04/2022-Customs
New Delhi, the 1st February, 2022
G.S.R.(E).- In exercise of the powers conferred by sub-section (3) 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 rescinds the notifications of the Government of India in the Ministry of Finance (Department of
Revenue), as specified in colum
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FAQ :
Notification No. 190/1978-Customs and Notification No. 191/1978-Customs, both dated 22nd September 1978, are being rescinded.
The rescinded notifications prescribed an additional duty of customs on imports of transformer oil.
This notification comes into force on the 2nd day of February, 2022.
This notification is issued by the Central Government, Ministry of Finance (Department of Revenue).
The rescission is made in exercise of the powers conferred by sub-section (3) of section 3 of the Customs Tariff Act, 1975.
Guest
Notification No : 04/2022-CustomsPublished in Custom
Source : https://www.indiabudget.gov.in/doc/cen/cus0422.pdf