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English
5
th
January 2007
Notification No. 2/2007-Customs
{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 exempts the goods of the
description specified in column (3) of the Table given below and falling under the Heading, or Tariff item of the First Schedule
to the Customs Tariff Act, 1975 (51 of 1975), as specified in the corresponding entry in column (2) of the said Table, from so
much of the duty of customs leviable thereon, as is in excess of the amount calculated at the rate specified in the corresponding
entry in column (4) of the said Table, subject to the conditions, specified in the Annexure to this notification, the condition
number of which is mentioned in the corresponding entry in column (5) of the said Table.
Explanation :- For the purposes of this notification, the rate specified in column (4) is ad valorem rate.
Table
S.No.
Heading or
tariff item
Description of goods RateCondition
(1) (2) (3) (4)(5)
10801 11 00
Desiccated Coconut upto an aggregate quantity of five hundred metric tonnes of total imports
of such goods in a financial year.
30%1
2 0904
Pepper upto an aggregate quantity of two thousand five hundred metric tonnes of total
imports of such goods in a financial year.
Nil1 and 2
3
1516, 1517
or 1518
Vanaspati, bakery shortening and margarine upto an aggregate quantity of two lakh and fifty
thousand metric tonnes of total imports of such goods in a financial year.
Nil1 and 2
ANNEXURE
Conditions
1
The importer proves to the satisfaction of the Deputy Commissioner of Customs or the 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
Democratic Socialist Republic of Sri Lanka in accordance with the Customs Tariff (Determination of Origin under the Free
Trade Agreement between the Democratic Socialist Republic of Sri Lanka and the Republic of India) Rules, 2000 published
in the notification of Government of India in the Ministry of Finance (Department of Revenue), No. 19/2000-Customs (N.T.),
dated the 1
st
March,2000.
2
The quantum of imports, during the period from the 1
st
day of April, 2006 to the date of issue of this notification, shall be
included for the purposes of computing the aggregate quantity of imports into India, for the financial year 2006-07.
F.No. 354/77/1998-TRU(Pt.I)
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