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Core Purpose

Notification amending a prior Customs exemption notification to extend its validity to 31st March, 2025, under the Customs Act, 1962.

Detailed Summary

The Ministry of Finance (Department of Revenue), by Notification No. 65/2023-Customs, G.S.R. 904(E), dated 21st December 2023, in exercise of powers under sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 124 of the Finance Act, 2021 (13 of 2021), further amends notification No. 49/2021-Customs dated 13th October 2021 (G.S.R. 734(E), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)). In paragraph 2 of the principal notification, the figures, letters and words "31st March, 2024" are substituted with "31st March, 2025. Provided that nothing contained in this notification shall apply to the goods specified against serial numbers 1, 2 and 3 of the Table above on or after the 1st day of April, 2024". The notification records that the principal notification No. 49/2021-Customs was last amended vide notification No. 65/2022-Customs, dated 29th December 2022 (G.S.R. 909(E)). The notification is issued under F. No. CBIC-190354/249/2023-TO(TRU-I) and signed by Amreeta Titus, Deputy Secretary.

Full Text

7864 GI/202 3 (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. 720] NEW DELHI, THURSDAY , DECEMBER 21 , 2023/ AGRAHAYANA 30, 1945 CG-DL-E-21122023-250806 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 21 st December, 2023 No. 65/2023 -Customs G.S.R. 904(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 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 fo llowing further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 49/2021 - Customs, dated the 13th October, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub - section (i), vide number G.S.R. 734(E)., dated the 13th October, 2021, namely : - In the said notification, in paragraph 2, for the figures, letters and word “31st March, 2024”, the figures, letters and words “31st March, 2025. Provided that nothing contained in this notification shall apply to the goods specified against serial numbers 1, 2 and 3 of the Table above on or after the 1st day of April, 2024” shall be substituted. [F. No. CBIC -190354/249/2023 -TO(TRU -I)] AMREETA TITUS , Dy. Secy . Note : The principal notification No. 49/2021 -Customs, dated the 13th October, 2021, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i), vide number G.S.R. 734(E), dated the 13th October, 2021, and was last amended vide notification No. 6 5/2022 -Customs, dated the 29th December, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i), vide number G.S.R. 909(E), dated the 29th December, 2022. Uploaded by Dte. of Printing at Government of India P ress, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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