Notification No. 128/2008-Customs dated 07.12.2008
Naphtha used for generation of electricity other than captive consumption exempted from Customs duty & CVD reduced from 14% to 10%

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. 21/2002-Customs, dated the 1st March, 2002 which was published in the Gazette of India, Extraordinary vide number G.S.R.118 (E) of the same date, namely:-

In the said notification,-

(1) in the preamble, in the proviso, after clause (h), the following clause shall be inserted, namely:-

"(ha) the goods specified against serial No.74B of the said Table on or after the 1st day of April, 2009.";

(2) in the Table,-

(i) after S.No.74A and the entries relating thereto, the following shall be inserted, namely:-
 
(1) (2) (3) (4) (5) (6)
"74B. 2710 Naphtha, when imported for generation of electrical energy by electrical undertakings owned by Central and State Governments or State Electricity Boards or any local authority or a person licensed under part II of the Electricity Act, 1910 or who has obtained a sanction under section 28 of the said act or a generating company permitted under the Electricity (Supply) Act, 1948 to supply electrical energy or to engage in the business of supplying electrical energy:

Provided that the exemption shall not be available if such naphtha is used for generation of electrical energy for captive consumption. 		Nil - -".

(ii) against S. No. 226, for the entry in column (5), the entry "10%" shall be substituted;

(iii) against S. No. 228, for the entry in column (5), the entry "10%" shall be substituted;

(iv) against S. No. 236, for the entry in column (5), the entry "10%" shall be substituted;

(v) against S. No. 237, for the entry in column (5), the entry "10%" shall be substituted;

(vi) against S. No. 344A, for the entry in column (5), the entry "10%" shall be substituted;

(vii) against S. No. 399, for the entry in column (5), occurring against the corresponding entries (i), (ii), (iv) & (vi) in column (3), the entry "10%" shall be substituted;

(viii) against S. No. 404, for the entry in column (5), the entry "10%" shall be substituted;

(ix) against S. No. 433, for the entry in column (5), occurring against the corresponding entry (1) in column (4), the entry "10%" shall be substituted.

F. No. 354/207/2008-TRU

(Unmesh Wagh)
Under Secretary to Government of India

Note: - The principal notification No.21/2002-Customs dated the dated the 1st March, 2002, was published in the Gazette of India, Extraordinary, vide G.S.R.118 (E), dated the 1st March, 2002 and was last amended Notification No. 122/2008-Customs, dated the 18th November, 2008 [G.S.R. 794 (E), dated the 18th November, 2008].

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