Changes introduced vide Finance Act 2023 in the Customs Tariff w.e.f. 01.05.2023- reg.

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..... introduced vide Finance Act 2023 in the Customs Tariff w.e.f. 01.05.2023- reg. Kind attention of all importers/ exporters/ other stakeholders is invited to Finance Act, 2023 vide which 146 new tariff lines have been introduced in the Customs Tariff Act and 54 existing tariff lines have been replaced or omitted. The said changes in the Tariff had come into effect from 01.05.2023 as laid down in t .....

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..... above, it is to suggest that the declarations are to be filed correctly in accordance with the above-mentioned changes. Further, since more than 146 new tariff lines are being added and more than 54 tariff lines are getting omitted, the declarations of the correct CTHs along with the application of Notifications, clearance (NOC) from other Partner Government Agencies (PGAs) etc. on the newly intr .....

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