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Core Purpose

Notification amending the customs duty rate specified against serial number 364A in the Table to Notification No. 50/2017-Customs under section 25(1) of the Customs Act, 1962.

Detailed Summary

The Ministry of Finance (Department of Revenue) issued Notification No. 03/2024-Customs (G.S.R. 53(E)) dated 22nd January 2024, 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 (51 of 1975), further amending Notification No. 50/2017-Customs dated 30th June 2017 (G.S.R. 785(E), dated 30th June 2017). The amendment substitutes, in the Table against S. No. 364A, column (4), the entry with 10%. The notification is issued under file number CBIC-190341/4/2024-TO(TRU-I) and signed by Rakesh Dahiya, Director. A note records that the principal Notification No. 50/2017-Customs (G.S.R. 785(E), dated 30th June 2017) was last amended by Notification No. 60/2023-Customs dated 19th October 2023 (G.S.R. 758(E), dated 19th October 2023).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-22012024-251555 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 47] NEW DELHI, MONDAY, JANUARY 22, 2024/MAGHA 2, 1945 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 22nd January, 2024 No. 03/2024-Customs G.S.R. 53(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 Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R 785 (E), dated the 30th June 2017, namely :- In the said notification, in the Table, against S. No. 364A, in column (4), for the entry, the entry "10%” shall be substituted. [F. No. CBIC-190341/4/2024-TO(TRU-I)] RAKESH DAHIYA, Director 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 30th June, 2017 and last amended vide notification No. 60/2023-Customs, dated the 19th October, 2023 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 758 (E)., dated the 19th October, 2023.

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