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Core Purpose

Notification under Section 25(1) of the Customs Act, 1962 rescinding an earlier customs duty exemption notification.

Detailed Summary

Issued by the Ministry of Finance, Department of Revenue, as Notification No. 42/2024-Customs, G.S.R. 546(E), dated 6th September 2024, this notification rescinds, in the public interest, Notification No. 26/2011-Customs dated 1st March 2011 (G.S.R. 152(E), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)), exercising powers under sub-section (1) of Section 25 of the Customs Act, 1962 (52 of 1962) read with Section 3 of the Customs Tariff Act, 1975 (51 of 1975), except as respects things already done or omitted before rescission. The rescission takes effect from 7th September 2024. The Note records that the principal notification No. 26/2011-Customs was last amended by Notification No. 38/2024-Customs dated 23rd July 2024 (G.S.R. 441(E)). The notification is issued under F. No. 190354/72/2024-TRU and signed by Dilmil Singh Soach, Under Secretary.

Full Text

5729 GI/202 4 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 504] NEW D ELHI , FRIDAY , SEPTEMBER 6, 2024/BHADRA 15, 1946 CG-DL-E-06092024-256961 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 6th September, 2024 No. 42/2024 -Customs G.S.R. 546(E).—In exercise of the powers conferred by sub -section (1 ) of section 25 of the Customs Act, 1962 (52 of 1962), read with 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 rescinds the notifica tion of the Government of India in t he Ministry of Finance (Department of Revenue) No. 26/2011 -Customs, dated the 1st March, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i) vide number G.S.R. 152(E), dated the 1st March, 2011, except as respects t hings done or omitted to be done before such rescission. 2. This notification shall come into force on the 7th day of September, 2024. [F. No. 190354/72/2024 -TRU] DILMIL SINGH SOACH , Under Secy. Note: The principal notification No. 26/2011 -Customs, dated the 1st March, 2011 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i), vide number G.S.R. 152(E), dated the 1stMarch,2011 and was last amended vide notification No. 38/2024 -Customs , dated the 23rd July, 2024 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i), vide number G.S.R. 441(E), dated the 23rd July, 2024. Uplo aded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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