THE CUSTOMS TARIFF ACT 1975 (Notification)
2018

Body Notification No.12/2018-Customs, F.No. 334/04/2018 -TRU ,Dated, 2nd February, 2018.

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 110 of Finance Act, 2018 (13 of 2018), has the force of law, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column (3) of the Table below and falling within the Chapter, heading or sub-heading or tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as specified in column (2) of the said Table, from so much of the Social Welfare Surcharge leviable thereon under the said section of the said Finance Act, as is in excess of the amount calculated at the rate specified in column (4) of the said Table.

Table

Sl. No.	Chapter or heading or subheading or tariff item of the First Schedule	Description of goods	Rate
(1)	(2)	(3)	(4)
1.	2710	Motor spirit commonly known as petrol	3%
2.	2710 19 44, 2710 19 49	High speed diesel (HSD)	3%
3.	7106	Silver (including silver plated with gold or platinum), unwrought or in semimanufactured forms, or in powder form	3%
4.	7108	Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form	3%

(Ruchi Bisht)

Under Secretary to the Government of India