Effective Rate 2716 00 00

Notification No. 50 /2017-Customs Dated 30/06/2017

Seeks to supersede notification No. 12/2012- Customs dated 17.03.2012 and prescribes effective rates of customs duty and IGST for goods imported into India

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) and sub-section (12) of section 3, of Customs Tariff Act, 1975 (51 of 1975), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2012 -Customs, dated the17th March, 2012 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 185 (E) dated the 17th March, 2012, except as respects things done or omitted to be done before such supersession, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table below or column (3) of the said Table read with the relevant List appended hereto, as the case may be, and falling within the Chapter, heading, sub-heading or tariff item of the First Schedule to the said Customs Tariff Act, as are specified in the corresponding entry in column (2) of the said Table, when imported into India,-

(a) from so much of the duty of customs leviable thereon under the said First Schedule as is in excess of the amount calculated at the standard rate specified in the corresponding entry in column (4) of the said Table; and

(b) from so much of integrated tax leviable thereon under sub-section (7) of section 3 of said Customs Tariff Act, read with section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) as is in excess of the amount calculated at the rate specified in the corresponding entry in column (5) of the said Table,

subject to any of the conditions, specified in the Annexure to this notification, the condition number of which is mentioned in the corresponding entry in column (6) of the said Table:

S.No.	Chapter or Heading or sub–heading or tariff item	Description of goods	Standard rate	Integrated Goods and Services Tax	Condition No.
^1omit[161.	2716 00 00	Electrical energy originating from Nepal and Bhutan	Nil	-	-]
162.	2716 00 00	Electrical energy supplied from Processing Area of SEZ to Domestic Tariff Area (DTA), generated using- (a) imported coal as fuel (b) domestic coal as fuel (c) mix of domestic gas/RLNG (Regasified Liquefied Natural Gas) as fuel (d) RLNG as fuel	Paisa per KWh 40 65 59 89	- - - -	- - - -
163.	2716 00 00	Electrical energy supplied from Non-Processing Area of SEZ to Domestic Tariff Area, generated using- (a) imported coal as fuel (b) domestic coal as fuel (c) mix of domestic gas/RLNG as fuel (d) RLNG as fuel	Paisa per KWh 24 24 18 21	- - - -	- - - -
164.	2716 00 00	Electrical energy supplied to DTA by power plants of 1000MW or above, and granted formal approval for setting up in SEZ prior to ³[the 19th July, 2012] ^OLD[27th February, 2009].	Nil	-	15
165.	2716 00 00	Electrical energy supplied to DTA from power plants of less than 1000MW, and granted formal approval for setting up in SEZ prior to ³[the 19th July, 2012] ^OLD[27th February, 2009]- (a) imported coal as fuel (b) domestic coal as fuel (c) mix of domestic gas/RLNG as fuel (d) RLNG as fuel	Paisa per KWh 24 24 18 21	- - - -	15 15 15 15

1.Omitted Vide:-Notification No. 02/2022-Cus dated 01.02.2022 [ w.e.f 02.02.2022]