Customs Notification No.81/2007 dated 03.07.2007
Govt hikes basic Customs Duty on wines to 150 %
Whereas the Central Government on being satisfied that the import duty leviable
on all goods falling under headings 2204 and 2205, and tariff item 2206 00 00 of
the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter
referred to as the said Customs Tariff Act) 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 IV, in Chapter
22, -
(i) for the entry in column (4) occurring against all the tariff items of
headings 2204 and 2205, the entry “150%” shall be substituted; and
2. This notification shall come into force on the 3rd day of July, 2007.
[F.No. 356/25/2004-TRU (Vol.II)](G.G.Pai)
Under Secretary to the Government of India
Note: - The First Schedule to the Customs Tariff Act, 1975 (51 of 1975) was
enacted on 18th August, 1975 and was last amended on the 11th May, 2007 by the
Finance Act, 2007 (22 of 2007).
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