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Core Purpose

Notifications increasing the customs duty on Liquified Petroleum Gas (LPG) by amending the First Schedule to the Customs Tariff Act, 1975, and consequentially amending related exemption notifications No. 50/2017-Customs and No. 11/2021-Customs.

Detailed Summary

The Ministry of Finance, Department of Revenue, issued three related customs notifications dated 30th June 2023, all effective 1st July 2023. Notification No. 40/2023-Customs (G.S.R. 469(E)), issued under sub-section (1) of section 8A of the Customs Tariff Act, 1975 (51 of 1975), amends the First Schedule to that Act by substituting the entry in column (4) against tariff items 2711 19 10, 2711 19 20 and 2711 19 90 (Chapter 27, Liquified Petroleum Gas) with "15%", and is signed by Amreeta Titus, Deputy Secretary. Notification No. 41/2023-Customs (G.S.R. 470(E)), issued 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, further amends notification No. 50/2017-Customs dated 30th June 2017 (G.S.R. 785(E), last amended by notification No. 35/2023-Customs dated 29th April 2023, G.S.R. 331(E) dated 1st May 2023) by inserting a new entry S. No. 155A prescribing a 5% duty rate for Liquified Petroleum Gas under tariff items 2711 19 10, 2711 19 20 and 2711 19 90. Notification No. 42/2023-Customs (G.S.R. 471(E)), issued under section 25(1) of the Customs Act, 1962 read with section 124 of the Finance Act, 2021 (13 of 2021), further amends notification No. 11/2021-Customs dated 1st February 2021 (G.S.R. 69(E), last amended by notification No. 03/2023-Customs dated 1st February 2023, G.S.R. 68(E)) by inserting a new entry Sl. No. 10B applying a 15% duty rate to all goods under the same LPG tariff items.

Full Text

EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 380] NEW DELHI, FRIDAY, JUNE 30, 2023/ASHADHA 9, 194 5 CG-DL-E-30062023-246896 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 30 th June, 202 3 No. 40/2023 -Customs G.S.R. 469(E). —WHEREAS, the Central Government on being satisfied th at the import duty leviable on Liquified Petroleum Gas falling under tariff items 2711 19 10, 2711 19 20 and 2711 19 90 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate action. NOW, therefore, in exercise of the powers conferred by sub -section (1) of section 8A of the said Customs Tariff Act, the Central Government, hereby directs that the First Schedule to the said Custo ms Tariff Act, shall be amended in the following manner, namely: - In the First Schedule to the said Customs Tariff Act, in Chapter 27, for the entry in column (4) occurring against tariff items 2711 19 10, 2711 19 20 and 2711 19 90, the entry “ 15%” shall be substituted . 2. This notification shall come into force on the 1st day of July, 2023 . [F. No. 349/01/2023 -TRU] AMREETA TITUS, Dy. Secy . (1) (2) (3) (4) (5) (6) “155A. 27111910, 27111920, NOTIFICATION New Delhi, the 30 th June, 2023 No. 41/2023 -Customs G.S.R. 470(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 i n 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 30thJune, 2017, namely: - In the s aid notification, - I. in the Table, after S. No. 155 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: - (1) (2) (3) (4) (5) (6) “155A. 27111910, 27111920, 27111990 Liquified Petroleum Gas (LPG) 5% - -”. 2. This n otification shall come into force on the 1st day of July, 2023. [F. No. 349/01/2023 -TRU] AMREETA TITUS. Under Secy . 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 30thJune, 2017and was last amended vide notification No. 35/2023 -Customs, dated the 29th April, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i) , vide number G.S.R.331 (E), dated the 1st May, 2023. (1) (2) (3) (4) “10ख. 27111910, 27111920, NOTIFICATION New Delhi, the 30th June, 2023 No. 42/2023 -Customs G.S.R. 471(E). —In exercise of the powers conferred by sub -section (1) of section 25 of the Customs Act, 1962 (52 of 1962) re ad 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 following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 11/2021 -Customs, dated the 1st February, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3,Sub -section (i), vide number G.S.R. 69(E), dated the 1st February, 2021, namely : - In the s aid notification, in the TABLE , after Sl. No. 10, and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely: - (1) (2) (3) (4) “10B. 27111910, 27111920, 27111990 All goods 15%”. 2. This notification shall come into e ffect on the 1st day of July, 2023. [F. No. 349/01/2023 -TRU] AMREETA TITUS , Dy. Secy . Note : The principal notification No. 11/2021 -Customs, dated the 1stFebruary, 2021 was published in the Gazette of India, Extraordinary, Part II, section 3, sub -section (i), vide number G.S.R. 69(E), dated the 1stFebruary, 2021 and last amended vide notification No. 03/2023-Customs, dated the 1st February , 202 3 published in the Gazette of India, Extraordinary, Part II, section 3, sub -section (i), vide number G.S.R. 68(E), dated the 1st February , 202 3. 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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