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Core Purpose

Customs notification amending Table II of Notification No. 22/2022-Customs to substitute revised tariff entries for specified goods under Section 25(1) of the Customs Act, 1962.

Detailed Summary

The Ministry of Finance (Department of Revenue), by Notification No. 40/2024-Customs, G.S.R. 456(E) dated 29th July 2024, exercises powers under Section 25(1) of the Customs Act, 1962 (52 of 1962) to amend the principal notification No. 22/2022-Customs dated 30th April 2022 (G.S.R. 328(E)), as last amended by Notification No. 31/2024-Customs dated 23rd July 2024 (G.S.R. 434(E)); in Table II of the principal notification, the entries at serial numbers 59 to 69 are substituted with new entries covering tariff item codes 71061000, 71069110, 71069190, 71069210, 71069220 and 71069290 at a rate of 7 with effective rate 1, and 71101110, 71101120, 71101900, 71102100 and 71102900 at a rate of 3.6 with effective rate 1.4, and the entries at serial numbers 72 and 73 are substituted for tariff items 71104100 and 71104900, both at rate 3.6 with effective rate 1.4.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-29072024-255885 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 417] NEW DELHI, MONDAY, JULY 29, 2024/SHRAVANA 7, 1946 4705 GI/2024 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II-SEC. 3(i)] MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 29th July, 2024 No. 40/2024-Customs G.S.R. 456(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 22/2022-Customs, dated the 30th April, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 328(E), dated the 30th April, 2022, namely:- In the said notification, in the TABLE II, I. for S. Nos. 59 to 69, and the entries relating thereto, the following S. Nos. and entries shall be substituted, namely:- +-----+------------+-----------+-------+-------+ | (1) | (2) | (3) | (4) | (5) | +=====+============+===========+=======+=======+ | "59 | 71061000 | All Goods | 7 | 1 | +-----+------------+-----------+-------+-------+ | 60 | 71069110 | All Goods | 7 | 1 | +-----+------------+-----------+-------+-------+ | 61 | 71069190 | All Goods | 7 | 1 | +-----+------------+-----------+-------+-------+ | 62 | 71069210 | All Goods | 7 | 1 | +-----+------------+-----------+-------+-------+ | 63 | 71069220 | All Goods | 7 | 1 | +-----+------------+-----------+-------+-------+ | 64 | 71069290 | All Goods | 7 | 1 | +-----+------------+-----------+-------+-------+ | 65 | 71101110 | All Goods | 3.6 | 1.4 | +-----+------------+-----------+-------+-------+ | 66 | 71101120 | All Goods | 3.6 | 1.4 | +-----+------------+-----------+-------+-------+ | 67 | 71101900 | All Goods | 3.6 | 1.4 | +-----+------------+-----------+-------+-------+ | 68 | 71102100 | All Goods | 3.6 | 1.4 | +-----+------------+-----------+-------+-------+ | 69 | 71102900 | All Goods | 3.6 | 1.4"; | +-----+------------+-----------+-------+-------+ II. for S. Nos. 72 and 73, and the entries relating thereto, the following S. Nos. and entries shall be substituted, namely:- +-----+------------+-----------+-------+-------+ | (1) | (2) | (3) | (4) | (5) | +=====+============+===========+=======+=======+ | "72 | 71104100 | All Goods | 3.6 | 1.4 | +-----+------------+-----------+-------+-------+ | 73 | 71104900 | All Goods | 3.6 | 1.4". | +-----+------------+-----------+-------+-------+ [F. No. CBIC- 190349/15/2024-TRU] VIKRAM VIJAY WANERE, Under Secy. Note: - The principal notification No. 22/2022-Customs, dated the 30th April, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 328(E), dated the 30th April, 2022, and was last amended by notification No. 31/2024-Customs, dated 23rd July, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 434 (E), dated the 23rd July, 2024. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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