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The Central Government amends the First Schedule to the Customs Tariff Act, 1975 to increase the import duty on Liquified Propane and Liquified Butane. Importers pay a rate of 15 percent for tariff items 2711 12 00 and 2711 13 00. The amendment comes into force with immediate effect on the first day of July 2023.
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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 43/2023-Customs
New Delhi, the $1^{\text{st}}$ July, 2023
G.S.R. ......(E). - WHEREAS, the Central Government on being satisfied that the import duty leviable on Liquified Propane classifiable under CTH 2711 12 00 and Liquified Butane classifiable under CTH 2711 13 00 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 to the said Customs Tariff Act, shall be amended in the following manner, namely:-
In the First Schedule to the said Customs Tariff Act, in Chapter 27, for the entry in column (4) occurring against tariff items 2711 12 00 and 2711 13 00, the entry “15%” shall be substituted
[F. No. 349/01/2023-TRU]
(Amreeta Titus)
Deputy Secretary to the Government of India