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Exemption under Notification 50/2017 dated 30.06.2017 vis a vis notfn 25/2005

Customs - Started By: - Ramaswamy S - Dated:- 8-11-2017 Last Replied Date:- 10-11-2017 - Import of Cash Dispenser falling under HSN 8472 is exempted vide serial number 467(i) and imports of parts of Cash Dispenser (hereinafter referred to as CD )is exempted vide serial number 467(ii) of Notification 50/2017. Import of parts and components of CD for the manufacture of parts of CD (parts of CD falls under HSN 8473) is it exempted from the levy of BCD under the above notification. Similarly import .....

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ication No. 50/2017-Cus. (import at Concessional Duty) amended [Amend at page 312, 280 & 763 of 65th Edition of Customs Tariff, Vol. 1, 2017-18] 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 amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of .....

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figures, 3823 11 90 , the figures 3823 11 00 shall be substituted. 3 50/2017-Customs, dated the 30th June, 2017 In the said notification, (i) in the opening paragraph, for the figures and words, 17th March, 2017 , the figures and words 17th March, 2012 shall be substituted. (ii) in the Table, at S. No. 251, in column 2, for the figures, 3823 11 90 , the figures 3823 11 00 shall be substituted. (iii) in the Table, at S. No. 252, in column 2, for the figures, 3823 11 90 , the figures 3823 11 00, s .....

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is exempted under the said notification.there are two views that is floating around. One view - Import of part of CD for the manufacture of CD is only exempted under the said notification (department view).Assessee view- Parts of CD (sub parts) imported is used in the manufacture (assembly) of parts of CD and supplied to the OEM (Manufacturer of CD). Therefore, the sub parts that are also parts of CD is exempted under the above notification.Seek your views.RegardsS.Ramaswamy - Reply By KASTURI S .....

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rther, Basic Customs Duty and Excise Duty [and thus CVD] are being exempted on inputs and parts for manufacture of charger/adapter, battery and wired headsets/speakers of mobile handsets including cellular phone and inputs and sub-parts for use in manufacture of parts of charger/adapter, battery and wired headsets/speaker. Consequently, these goods will also be exempt from SAD, under S. No. 1 of Notification No. 21/2012-Customs. All these exemptions will be subject to actual user condition. Noti .....

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