Import duty on Gold increased from 4% to 6% with immediate effect,

Last updated: 23 January 2013

Notice Date : 21 January 2013

[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. 1 /2013-Customs

New Delhi, the 21st January, 2013

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, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2012-Customs, dated the 17th 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, namely: -

In the said notification, in the Table,-

(i) against S. No. 116, for the entry in column (5), the entry “4%” shall be substituted;

(ii) against S. No. 318, for the entry in column (5), the entry “4%” shall be substituted;

(iii) in S. No. 321, against item (i), for the entry in column (4), the entry “6%” shall be substituted;

(iv) against S. No. 323, for the entry in column (4), the entry “6%” shall be substituted;

(v) against S. No. 328, for the entry in column (4), the entry “6%” shall be substituted;

[F. No. B-1/5/2012-TRU]

[Raj Kumar Digvijay]

Under Secretary to the Government of India

Note.- The principal notification No. 12/2012-Customs, dated the 17th March, 2012 was 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 and was last amended vide notification No-. 62/2012-Customs dated the 21st December, 2012 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.921 (E) dated 21st December, 2012.