9911796707
TMI BlogSeeks to further amend notification No. 50/2017-Customs dated the 30th June so as to prescribe effective rate of basic customs duty (BCD) consequent to the changes proposed in the Union Budget 2018-19.X X X X Extracts X X X X X X X X Extracts X X X X ..... makes the following further amendments in the notification of the Government of India, 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, in the Table,- (1) against S.No. 22, for the entry in column (4), the entry "2.5%" shall be substituted; (2) against S.No. 63, for the entry in column (4), the entry "30%" shall be substituted; (3) against S.No. 64, for the entry in column (4), the entry "35%" shall be substituted; (4) against S.No. 77, for the entry in column (4), the entry "35%" shall be substituted; (5) again ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . 349, for the entry in column (4), the entry "5%" shall be substituted; (15) against S.No. 350, for the entry in column (4), the entry "5%" shall be substituted; (16) against S.No. 351, for the entry in column (4), the entry "5%" shall be substituted; (17) after S.No. 448 and the entries relating thereto, the following S.Nos. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "448A. 8407 All goods other than engines of- (i) motor vehicles falling under heading 8702 or 8704; (ii) motor cars falling under heading 8703, or (iii) motor cycles falling under heading 8711. 7.5% - - 448 B. 8407 Outboard Motors 5% - - 448 C 8408 All goods other than engines of- (i) motor vehicles falling under heading 87 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es of CNC machine tools falling under headings 8456 to 8463" shall be substituted; (20) against S.No. 464, for the entry in column (3), the entry "CNC Systems for use in the manufacture of CNC Lathes (tariff items 8458 11 00, 8458 91 00), Machining Centers (tariff items 8457 10 10, 8457 10 20) or all types of CNC machine tools falling under headings 8456 to 8463" shall be substituted; (21) after S.No. 489 and the entries relating thereto, the following S.No. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "489 A. 8511 All goods other than of a kind used in conjunction with engines of:- (i) motor vehicles falling under heading 8702 or 8704; (ii) motor cars falling under heading 8703; or (iii) motor cycles fal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 528 59 00); (iii) other projectors (8528 69 00); (iv) reception apparatus for television, whether or not incorporating radio broadcast receivers or sound or video recording or reproducing apparatus, - (a) not designed to incorporate a video display or screen (8528 71 00); and (b) other Monochrome (8528 73). 10% - -"; (26) against S.No. 524, in column (4), - (a) for the figures "10%", the figures "15%" shall be substituted; (b) for the figures "20%" , the figures "25%" shall be substituted; (27) against S.No. 526, in column (4), for the figures "10%", the figures "15%" shall be substituted; (28) after S.No. 530 and the entries relating thereto, the following S.No. and entries shall be inserted, namely:- (1) (2) (3) (4) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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