Notification
No. 59/ 2010 - Customs dated 10.05.2010
Regarding exemption to Raw cotton from customs duty
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 Raw cotton falling under Heading No. 16 of the Second
Schedule to the Customs Tariff Act, 1975 (51 of 1975), when exported out of
India, from so much of the duty of customs leviable thereon which is specified
in the said Second Schedule as is in excess of the amount calculated at the rate
of Rs 2500 per tonne.
[F. No. 334 /2/2010-TRU] (Prashant Kumar)
Under Secretary to the Government of India
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