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REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-31072024-255958
EXTRAORDINARY
PART II-Section 3-Sub-section (i)
PUBLISHED BY AUTHORITY
No. 428]
NEW DELHI, WEDNESDAY, JULY 31, 2024/SHRAVANA 9, 1946
4754 GI/2024
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 31st July, 2024
No. 41/2024-Customs
G.S.R. 467(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, -
(I) in the Table, after S. No. 606 and the entries relating thereto, the following S. No. and entries shall
be inserted, namely: -
+-----------+------------+-------------------------------------------------+-------+-------+--------+
| (1) | (2) | (3) | (4) | (5) | (6) |
+===========+============+=================================================+=======+=======+========+
| "606A. | 9802 00 00 | All goods (excluding undenatured | 10% | - | 123"; |
| | | ethyl alcohol of any alcoholic | | | |
| | | strength) for use in:- | | | |
| | | (i) laboratory; or | | | |
| | | (ii) Research and Development | | | |
| | | purposes. | | | |
+-----------+------------+-------------------------------------------------+-------+-------+--------+
(II) in the Annexure, after Condition No. 122 and the entries relating thereto, the following condition
and entries shall be inserted, namely: -
"123. If, the importer submits an undertaking before the Deputy
Commissioner of Customs or the Assistant Commissioner of
Customs, as the case may be, that the goods so imported shall be
for use in laboratory or for use in research and development
purposes and shall not be sold or traded after importation and that
in case of failure to comply with this condition, he shall be liable to
pay, in respect of such quantity of the said goods as is proved to
have not been so used for the specified purposes, an amount equal
to the duty leviable on such quantity but for the exemption under
this notification.".
2. This notification shall come into force from the 1st day of August, 2024.
[F. No. CBIC-354/03/2024-TRU]
NITISH KARNATAK, 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 30th June, 2017,
and was last amended vide notification No. 30/2024-Customs, dated the 23rd July, 2024, published in the
Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 433(E), dated the
23rd July, 2024.
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and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR SRIVASTAVA
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