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Home News Budget Month 2 2023 2023 (2) This

Explanatory Memorandum to Notification - Customs and Central Excise

1-2-2023
  • Contents

Explanatory Memorandum to Notification Nos. 02 to 12-Customs, dated the 1st February, 2023: -

S. No.

Notification No. and Date

Description

1.

02/2023-Customs dated 1st February, 2023

Seeks to further amend notification No. 50/2017-Customs, dated the 30th June, 2017, so as to revise/provide exemption(s) on the specified goods.

2.

03/2023-Customs dated 1st February, 2023

Seeks to further amend notification No. 11/2021-Customs dated 1st February, 2021, so as to levy/exempt Agriculture and Infrastructure Development Cess (AIDC) on certain items.

3.

04/2023-Customs, dated the 1st February, 2023

Seeks to further amend notification No. 11/2018-Customs, dated 2nd February, 2018, to revise/provide Social Welfare Surcharge (SWS) exemption(s) on specified goods.

4.

05/2023-Customs dated 1st February, 2023

Seeks to rescind notification Nos. 13/2021-Customs and 34/2022-Customs, related to Social Welfare Surcharge (SWS).

5.

06/2023-Customs dated 1st February, 2023

Seeks to further amend notification Nos. 25/1999-Customs, 25/2002-Customs and 57/2017-Customs related to certain electronic items.

6.

07/2023-Customs dated 1st February, 2023

Seeks to further amend notification No. 230/86-Customs related to Project Import Regulations.

7.

08/2023-Customs dated 1st February, 2023

Seeks to further amend notification No. 22/2022-Customs regarding India-UAE Comprehensive Economic Partnership Agreement.

8.

09/2023-Customs dated 1st February, 2023

Seeks to further amend notification No. 57/2000-Customs which exempts gold, silver and platinum imported under specified schemes.

9.

10/2023-Customs, dated the 1st February, 2023

Seeks to further amend notification No. 146/94-Customs, dated the 13th July, 1994 to extend the exemption benefit to Warm blood horse for equestrian sports and extend the validity of said notification up to the 31st March, 2028.

10.

11/2023-Customs, dated the 1st February, 2023

Seeks to amend the notification Nos. 90/2009-Customs, dated the 7th September, 2009, 33/2017-Customs, dated the 30th June, 2017, and 41/2017-Customs, dated the 30th June, 2017 to extend the validity of said notifications up to the 31st March, 2028.

11.

12/2023-Customs dated 1st February, 2023

Seeks to amend 32 notifications in order to provide a specific end date for these notifications.

Explanatory Memorandum to Notification No. 05/2023-Central Excise, dated the 1st February, 2023: -

S. No.

Notification No. and Date

Description

1.

05/2023-Central Excise dated 1st February, 2023

Seeks to exempt Compressed Natural Gas (CNG) from so much of the duty of excise leviable on amount of GST paid on Biogas or Compressed Biogas which is blended with CNG.

 

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