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Customs Notification No. 2/2002- Dated 8.1.2002
Increase in import duty on cotton to 10% (heading 52.01)

            WHEREAS the Central Government is satisfied that the import duty leviable on Cotton, not carded or combed, falling under Chapter 52 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate action;

NOW, therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff Act, the Central Government, hereby directs that the First Schedule of the said Customs Tariff Act shall be amended in the following manner, namely:-

In the First Schedule to the said Customs Tariff Act, in Section XI, in Chapter 52, against heading 52.01 occurring in column (2), for the entry in column (4), the entry "10%" shall be substituted.

2. This notification shall come into force on the 9th day of January, 2002.

T.R.Rustagi
Joint Secretary to the Government of India

F.No.337/181/2001-TRU