Page 86 - ELT_15th July 2020_Vol 373_Part 2
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N18                          EXCISE LAW TIMES                   [ Vol. 373

                                     as the Trade Agreement), to the level of Most Favoured Nation duty on the sub-
                                     ject goods as on the date of application of the bilateral safeguard measure or
                                     Most Favoured Nation duty on the subject goods on the day immediately pre-
                                     ceding the date of entry into force of the Trade Agreement, whichever is less, for
                                     a period of 200 days.
                                            Now, therefore, in exercise of the powers conferred by sub-section (1) of
                                     section 25 of the Customs Act, 1962 (52 of 1962) read with rule 9 of the said rules,
                                     the Central Government, on being satisfied that it is necessary in the public inter-
                                     est 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. 152/2009-Customs, dated the 31st December, 2009, published in the Gazette
                                     of India, vide number G.S.R. 943(E), dated the 31st December, 2009, namely -
                                            In the said notification, -
                                            (i)  in the Table, for serial number 230 and the entries relating thereto,
                                                 the following serial number and entries shall  be substituted,
                                                 namely :-

                                                   (1)           (2)                    (3)             (4)
                                                  “230.    2917 33 to 2917 34        All goods        0.00”;
                                            (ii)  in the Table, after serial number 230 and the entries relating thereto,
                                                 the following serial numbers and entries shall be inserted, namely :-

                                                   (1)            (2)                   (3)             (4)
                                                 “230A.       2917 35 00             All goods         0.00
                                                  230B.       2917 35 00             All goods        7.50”;

                                            (iii)  after the Table, the following shall be inserted, namely -
                                                 “Provided that, to give effect to the provisional bilateral safeguard
                                                 measure, as recommended by the Director General of Trade Reme-
                                                 dies, -
                                                  (a)  nothing contained in serial number 230A and entries relating
                                                      thereto in the said Table shall have effect up to and inclusive
                                                      of the 21st day of January 2021, and
                                                  (b)  the entries contained in serial number 230B in the said Table
                                                      shall have effect up to and inclusive of the 21st day of Janu-
                                                      ary 2021;
                                                  unless revoked, superseded or amended earlier.”.
                                                        [Notification No. 29/2020-Cus., dated 6-7-2020]

                                     Diamonds (Cut & Polished) — Duty free re-import of Cut
                                         & Polished Diamonds into India after certi-
                                         fication/grading by the laboratories/agencies as noti-
                                         fied in FTP — Relaxation of three months granted for
                                         specified consignments — Amendment to Notification
                                         No. 9/2012-Cus.

                                     [Amend at page 1401 of 71st Edition of Customs Tariff, Vol. 1, 2020-21]
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