TMI BlogSeeks to amend No. 50/2017-Customs, dated the 30th June, 2017 to give concession to EVs imported under of the Ministry of Heavy Industries' Scheme to promote manufacturing of electric passenger cars in India.X X X X Extracts X X X X X X X X Extracts X X X X ..... toms New Delhi, the 15th March, 2024 G.S.R. 206(E). In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975) , the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notificati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or, whether or not individually pre-assembled, with (a) none of the above components, parts or sub-assemblies inter-connected with each other and not mounted on a chassis 15% - - (b) any of the above components, parts or sub-assemblies inter-connected with each other but not mounted on a chassis 35% - - (2) in a form other than (1) above, - (a) with a CIF value more than US $40,000 100% - - (b) ot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 117 ; (2) in the Annexure, after condition number 116 and the entry relating thereto, the following condition number and entry shall be inserted, namely: - (1) (2) 117. If the importer, at the time of import, furnishes a certificate from an officer not below the rank of a Joint Secretary to the Government of India in the Ministry of Heavy Industries (MHI) to the effect that,- (i) the importer hold ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... de number G.S.R. 785(E), dated the 30th June, 2017, and was last amended vide notification No. 16/2024-Customs, dated the 12th March, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 183(E), dated the 12th March, 2024. - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - ..... X X X X Extracts X X X X X X X X Extracts X X X X
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