TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification
No. 116/2010-Customs
New Delhi dated the 1st
November, 2010
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), the Central Government, being satisfied that it
is necessary in the public interest so to do, hereby exempts Crude Petroleum
oils and oils obtained from bituminous minerals falling under the tariff
item 2709 00 00
of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when
imported into India from Brunei Darussalam, from so much of the duty of
customs leviable thereon as is in excess of the
amount calculated at the rate of 3% ad valorem:
Provided that the importer proves to the
satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of
Customs, as the case may be, that the goods in respect of which the benefit of
this exemption is claimed are of the origin of Brunei Darussalam, in accordance with provisions of the Customs Tariff
[Determination of Origin of Goods under the Preferential Trade Agreement
between the Governments of Member States of the Association of Southeast Asian
Nations (ASEAN) and the Republic of India] Rules, 2009, published in the
notification of the Government of India in the Ministry of Finance (Department
of Revenue), No. 189/2009-Customs (N.T.), dated the 31st December
2009.
[F. No.
354/64/2003-TRU (Pt.I)]
(Prashant Kumar)
Under Secretary to the Government of India