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Core Purpose

Notification amending specified notifications of the Government of India in the Ministry of Finance (Department of Revenue) under the Customs Act, 1962 and Finance Act, 2021.

Detailed Summary

The Ministry of Finance (Department of Revenue) issued Notification No. 31/2025-Customs, G.S.R. 355(E) on 30th May, 2025, in exercise of powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 and section 124 of the Finance Act, 2021. The notification amends two previous notifications. Firstly, Notification No. 50/2017-Customs, dated 30th June, 2017 (G.S.R. 785(E)) is amended in its TABLE, substituting the entry in column (4) with "10%" against S. No. 57, 61, and 70. Secondly, Notification No. 64/2023-Customs, dated 07th December, 2023 (G.S.R. 884(E)) is amended in its TABLE, against Sl. No. 1 in Column (4), by substituting the words and figures "31st day of May, 2025" with "31st day of March, 2026". This notification comes into force with immediate effect. Note 1 clarifies that principal notification No. 50/2017-Customs was last amended by notification No. 25/2025-Customs, dated 30th April, 2025 (G.S.R. 273(E)). Note 2 clarifies that principal notification No. 64/2023-Customs was last amended by notification No. 17/2025-Customs, dated 7th March, 2025 (G.S.R. 165(E)).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30052025-263480 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 312] NEW DELHI, FRIDAY, MAY 30, 2025/JYAISTHA 9, 1947 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 30th May, 2025 No. 31/2025-Customs G.S.R. 355(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 amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, to the extent specified in the corresponding entries in column (3) of the said Table, namely:- TABLE +-----+-----------------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+ | S. No. | Notification No. | Amendments | | | and Date | | +=====+===================================+=====================================================================================================================================================================================================================================================+ | (1) | (2) | (3) | +-----+-----------------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+ | 1. | 50/2017-Customs, dated the | In the said notification, in the TABLE, - | | | 30th June, 2017, published in | i. against S. No. 57, in column (4), for the entry, the entry | | | the Gazette of India, | "10%" shall be substituted; | | | Extraordinary, Part II, | ii. against S. No. 61, in column (4), for the entry, the entry | | | Section 3, Sub-section (i), | "10%" shall be substituted; | | | vide number G.S.R. 785 (E), | iii. against S. No. 70, in column (4), for the entry, the entry | | | dated the 30th June, 2017 | "10%" shall be substituted; | +-----+-----------------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+ | 2. | 64/2023-Customs, dated the | In the said notification, in the TABLE, against Sl. No. 1, in | | | 07th December, 2023, | Column (4), for the words and figures "31st day of May, 2025", | | | published in the Gazette of | the words and figures "31st day of March, 2026" shall be | | | India, Extraordinary, Part II, | substituted. | | | Section 3, Sub-section (i), | | | | vide number G.S.R. 884(E), | | | | dated the 07th December, | | | | 2023 | | +-----+-----------------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+ This notification shall come into force with immediate effect. [F. No. 190354/68/2025-TRU] DHEERAJ SHARMA, Under Secy. Note: 1. 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 was last amended vide notification No. 25/2025-Customs, dated the 30th April, 2025, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 273(E), dated the 30th April, 2025. 2. The principal notification No. 64/2023-Customs, dated the 07th December, 2023, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 884(E), dated the 07th December, 2023, and was last amended vide notification No. 17/2025-Customs, dated the 7th March, 2025, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 165 (E), dated the 7th March, 2025. 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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