TaxTMI 
TaxTMI 
Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe effective rate of Basic Customs Duty (BCD)
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....Bengal Gram and Masoor (Lentils)]" shall be substituted; (2) against S. Nos. 20A, 21A, 21B, 21C, 21D in column (4), for the entry, the entry "10%" shall be substituted; (3) S. No. 21E and the entries relating thereto shall be omitted; (4) against S. No. 32A, in column (4), for the entry, the entry "15%" shall be substituted; (5) against S. No. 32B, in column (4), for the entry, the entry "35%" shall be substituted; (6) S. No. 44 and the entries relating thereto shall be omitted; (7) against S. Nos. 57, 61, 70 in column (4), for the entry, the entry "15%" shall be substituted; (8) after S. No. 104 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: - (1) (2) (3) (4) (5) (6) "104A. 2204, 2205, 2206, 2208 All goods 50% - - "; (9) S. Nos. 107, 109, 110, 111, 112, 114, 116, 118 and the entries relating thereto shall be omitted; (10) against S. No. 119, in column (3), for the entry, the entry "Shrimp larvae feed" shall be substituted; (11) after S. No. 119 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: - (1) (2) (3) (4) (5) (6) "119A. Chapter 23 (except 2309 10....
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....is entry does not include toy balloons made of natural rubber latex (toy balloons are classified under Customs tariff heading 9503)."; (30) S. No. 285 and the entries relating thereto shall be omitted; (31) against S. No. 292, in column (6), for the entry at both the places, the entry "9" shall be substituted; (32) For S. No. 293A and the entries relating thereto, the following S. No. and entries shall be substituted, namely, - (1) (2) (3) (4) (5) (6) "293A. 48 The following goods used in the printing of newspapers, namely: - (i) newsprint; (ii) other uncoated paper conforming to the specifications of newsprint (other than its surface roughness). 5% - 31"; (33) S. Nos. 293B, 305 and the entries relating thereto shall be omitted; (34) S. Nos. 311, 312, 313 and the entries relating thereto shall be omitted with effect from the 1st day of April, 2021; (35) against S. No. 314, in column (4), for the entry, the entry "5%" shall be substituted; (36) S. No. 315 and the entries relating thereto shall be omitted; (37) against S. No. 318, in column (3), for the entry, the entry "All goods" shall be substituted; (38) S. No. 319 and the entries relating theret....
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....02, 7203, 7205, 7226 11 00 All goods 5% - - "; (54) for S. No. 368 and the entries relating thereto, the following S. No. and entries shall be substituted, namely: - (1) (2) (3) (4) (5) (6) "368. 7204 All goods Nil - - "; (55) for S. No. 369 and the entries relating thereto, the following S. No. and entries shall be substituted, namely: - (1) (2) (3) (4) (5) (6) "369. 7204 All goods 2.5% - - "; (56) S. Nos. 370 and 371 and the entries relating thereto shall be omitted; (57) against S. No. 371A, in column (4), for the entry, the entry "7.5%" shall be substituted; (58) S. Nos. 372, 373, 373A and 373B and the entries relating thereto shall be omitted; (59) against S. No. 374, in column (4), for the entry, the entry "Nil" shall be substituted; (60) against S. No. 375 in column (4), for the entry "2.5%", wherever they occur, the entry "Nil" shall be substituted; (61) S. Nos. 376 and 376C and the entries relating thereto shall be omitted; (62) after S. No. 376D and the entries relating thereto, the following S. No. and entries shall be inserted, namely: - (1) (2) (3) (4) (5) (6) "376E. 72 All goods other than the following, namely: -....
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....%" shall be substituted; (77) after S. No. 485 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: - (1) (2) (3) (4) (5) (6) "485A. 8501 10, 8501 20 00, 8501 31, 8501 32, 8501 33, 8501 34, 8501 40, 8501 51, 8501 52, 8501 53 All goods 10% - -"; (78) for S. No. 491 and the entries relating thereto, the following S. No. and entries shall be substituted, namely: - (1) (2) (3) (4) (5) (6) "491. 8544 (except 8544 30 00 and 8544 70) All goods (other than USB Cable for cellular mobile phone) 10% - -"; (79) against S. No. 497, in column (6), for the entry, the entry "9 and 24" shall be substituted; (80) against S. No. 512, - (a) in column (3), for the entry, the following entry shall be substituted, namely: - "(a) Parts, components and accessories except Lithium-ion cell and Printed Circuit Board Assembly (PCBA), for use in manufacture of Lithium-ion battery and battery pack; (b) Sub-parts for use in manufacture of items mentioned at (a) above."; (b) in column (4), for the entry, the entry "2.5%" shall be substituted with effect from the 1st day of April, 2021; (81) after S. No. 512 and the entries relating ....
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....dictional jurisdictional Deputy Commissioner of Central tax or the Assistant Commissioner of Central tax or the Deputy Commissioner of State tax or the Assistant Commissioner of State tax, as the case may be", the words, brackets and figure "Deputy Commissioner of Customs or Assistant Commissioner of Customs having jurisdiction under the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017", shall be substituted; (90) after S. No. 581A and the entries relating thereto, the following S. No. and entries shall be inserted, namely: - (1) (2) (3) (4) (5) (6) "581B. 9031 80 00 All goods 7.5% - -"; (91) against S. No. 587, in column (4), for the entry, the entry "15%" shall be substituted; (92) for S. No. 591 and the entries relating thereto, the following S. No. and entries shall be substituted, namely: - (1) (2) (3) (4) (5) (6) "591. 9503 Parts of electronic toys for manufacture of electronic toys. 15% - 9 "; (93) S. No. 592 and the entries relating thereto shall be omitted; II. in the first proviso, - (1) for clause a), the following clause shall be substituted, namely: - "(a) the goods specified against S. Nos. 368 of the said Table on....
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.... be substituted, namely: - "61. (d) the imported goods are installed in the said Research and Development wing of the importer within six months from the date of importation;"; (ix) in Condition No. 79, the figure "75." shall be omitted. (x) after Condition No. 107, the following Condition Nos. shall be inserted, namely: - "108. If, - (i) the said goods have been imported for fixing on articles for export or for the packaging of such articles; (ii) the importer, by execution of a bond in such form and for such sum as may be specified by the Assistant Commissioner of Customs or Deputy Commissioner of Customs, binds himself to pay on demand in respect of the said goods as are not proved to the satisfaction of the Assistant Commissioner of Customs or Deputy Commissioner of Customs to have been used for the aforesaid purposes, an amount equal to the duty leviable on such goods but for the exemption contained herein; (iii) the importer satisfies the Assistant Commissioner or Deputy Commissioner of Customs, that articles so imported have been exported within six months of the date of importation or within such extended period as may be permitted by the said Assistant Commissione....