This Notification Rescind Vide:- Notification No. 12/2021-Customs Dated 01/02/2021[w.e.f 02.02.2021]
Notification No. 12/2018-Customs Dated 02/02/2018
Seeks to exempt specified goods from the of levy of Social Welfare Surcharge in excess of 3%-
G.S.R…..(E).- In exercise of the powers conferred by sub-section (1) of section
25 of the Customs Act, 1962 (52 of 1962) read with 1[section
110 of Finance Act, 2018] (13 of 2018) old[clause 108 of the Finance
Bill, 2018 ( 4 of 2018), which, by virtue of the declaration made in the said
Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931),
has the force of law], the Central Government, on being satisfied that it is
necessary in the public interest so to do, hereby exempts goods of the
description specified in column (3) of the Table below and falling within the
Chapter, heading or sub-heading or tariff item of the First Schedule to the
Customs Tariff Act, 1975 (51 of 1975) as specified in column (2) of the said
Table, from so much of the Social Welfare Surcharge leviable thereon
1[under the said section of the said Finance Act]
old[under the
said clause of the Finance Bill], as is in excess of the amount calculated at the
rate specified in column (4) of the said Table.
Tablen
| Sl. No. | Chapter or heading or sub-heading or tariff item of the First Schedule | Description of goods | Rate |
| (1) | (2) | (3) | (4) |
| 1. | 2710 | Motor spirit commonly known as petrol | 3% |
| 2. | 2[2710 19 44, 2710 19 49] old[2710 19 30] | High speed diesel (HSD) | 3% |
| 3. | 7106 | Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form | 3% |
| 4. | 7108 | Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form | 3% |
[F.No. 334/04/2018 -TRU]
(Ruchi Bisht)
Under Secretary to the Government of India
1 Substituted Vide:-Notification No. 41/2018-Cus Dated 06/04/2018
2.Substituted Vide:-Notification No. 39/2019-Cus Dated 30/12/2019 (w.e.f 01.01.2020)