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Core Purpose

Three Ministry of Finance notifications under the Customs Tariff Act, 1975 and Customs Act, 1962 increasing the effective import duty on Liquified Propane and Liquified Butane, with effect immediately.

Detailed Summary

The Ministry of Finance, Department of Revenue issued three Customs notifications on 1 July 2023: Notification No. 43/2023-Customs, G.S.R. 473(E), under sub-section (1) of section 8A of the Customs Tariff Act, 1975 (51 of 1975), amends the First Schedule (Chapter 27) substituting the entry for tariff items 2711 12 00 and 2711 13 00 with a basic duty rate of 15%, effective immediately, F. No. 349/01/2023-TRU; Notification No. 44/2023-Customs, G.S.R. 474(E), under sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975, further amends notification No. 50/2017-Customs dated 30 June 2017 (G.S.R. 785(E), last amended by No. 41/2023-Customs dated 30 June 2023, G.S.R. 470(E)) by inserting new S. No. 153A prescribing 2.5% duty for Liquified Propane and Liquified Butane; and Notification No. 45/2023-Customs, G.S.R. 475(E), under section 25(1) of the Customs Act, 1962 read with section 124 of the Finance Act, 2021 (13 of 2021), amends notification No. 11/2021-Customs dated 1 February 2021 (G.S.R. 69(E), last amended by No. 42/2023-Customs dated 30 June 2023, G.S.R. 471(E)) inserting new S. No. 10AA prescribing 15% duty for the same items, with provisos exempting imports of Liquified Propane, Liquified Butane and LPG by Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited or Bharat Petroleum Corporation Limited for supply to household domestic consumers or Non-Domestic Exempted Category (NDEC) customers; all three notifications are signed by Amreeta Titus, Deputy Secretary.

Full Text

EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 382] NEW DELHI, SATUR DAY, JU LY 1, 2023/ASHADHA 10, 194 5 CG-DL-E-01072023-246941 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st July, 2023 No. 43/2023 -Customs G.S.R. 473(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 sai d 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 2. This shall come into force with immediate effect. [F. No. 349/01/2023 -TRU] AMREETA TITUS , Dy. Secy. (1) (2) (3) (4) (5) (6) “153A. 27111200, NOTIFICATION New Delhi, the 1st July, 2023 No. 44/2023 -Customs G.S.R. 474(E).—In exercise of the powers conferred by sub -section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub -section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, on being satisfied that it is necessary in the public interest 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. 50/2017 -Customs, dated the 30th June, 2017, published in the Ga zette of India, Extraordinary, Part II, Section 3, Sub - section (i), vide number G.S.R. 785(E), dated the 30thJune, 2017, namely: - In the said notification, - 1. in the Table, after S. No. 153 and the entries relating thereto, the following S. No. and entr ies shall be inserted, namely: - (1) (2) (3) (4) (5) (6) “153A 27111200, 27111300 Liquified Propane Liquified Butane 2.5% - -”. 2. This notification shall come into force with immediate effect. [F. No. 349/01/2023 -TRU] AMREETA TITUS , Dy. Secy. Note : The principal notification No. 50/2017 -Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i), vide number G.S.R. 785(E), dated the 30thJ une, 2017and was last amended vide notification No. 41/2023 -Customs, dated the 30th June, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i), vide number G.S.R.470 (E), dated the 30th June, 2023. )1( )2( )3( )4 ( “10 एए. 27111 200 NOTIFICATION New Delhi, the 1st July, 2023 No. 45/2023 -Customs G.S.R. 475(E).—In exercise of the powers conferred by sub -sectio n (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amend ments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 11/2021 - Customs, dated the 1st February, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3,Sub -section (i), vide number G.S .R. 69(E), dated the 1st February, 2021, namely : - In the said notification, (i) in the TABLE, after Sl. No. 10, and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely: - (1) (2) (3) (4) “10AA. 2711 12 00 2711 13 00 Liquified Propane Liquified Butane 15%”. (ii) After the TABLE the following provisos shall be inserted, - “Provided that nothing contained in S.No 10AA shall apply to imports of Liquified Propane and Liquified Butane mixture , Liquified Propane and Liquified Butane by the Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited or Bharat Petroleum Corporation Limited for supply to household domestic consumers or to Non-Domestic Exempted Category (NDEC) customers; Provided further that nothing contained in Sl. No 10 B shall apply to imports of Liquified Petroleum Gas by the Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited or Bharat Petroleum Corporation Limited for supply to household domestic consumers or to No n-Domestic Exempted Category (NDEC) customers;” [F. No. 349/01/2023 -TRU] AMREETA TITUS , Dy. Secy. Note : The principal notification No. 11/2021 -Customs, dated the 1stFebruary, 2021 was published in the Gazette of India, Extraordinary, Part II, section 3, sub -section (i), vide number G.S.R. 69(E), dated the 1stFebruary, 2021 and last amended vide notification No. 42/2023 -Customs, dated the 30th June, 2023 published in the Gazette of India, Extraordinary, Part II, secti on 3, sub -section (i), vide number G.S.R. 471 (E), dated the 30th June, 2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delh i-110054.

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