Home India Ministry of Finance 26/2011 rescind...
Date: 06-Sep-2024 Category: Extra Ordinary State: Union Government Country: India

26/2011 rescind

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • This gazette notification, issued by the Ministry of Finance (Department of Revenue), Government of India, rescinds (cancels) notification No. 26/2011-Customs, dated March 1, 2011. This earlier notification, along with its amendments, pertained to customs regulations. The rescission is effective from September 7, 2024.

Key Changes

  • Notification No. 26/2011-Customs, dated March 1, 2011 (published as G.S.R. 152(E)), and its subsequent amendments (most recently by notification No. 38/2024-Customs, dated July 23, 2024, published as G.S.R. 441(E)), are rescinded. This means all regulations and provisions within these notifications are no longer in effect, except for actions already taken before September 7, 2024.
  • The rescission is based on powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with section 3 of the Customs Tariff Act, 1975 (51 of 1975).
  • The effective date of the rescission is September 7, 2024.

Impact Analysis

Impact on Businesses

  • Action Item: Businesses should closely monitor the Government of India's publications for any subsequent notifications that replace the rescinded regulations and update their compliance procedures accordingly.

Impact on Customs Officials

  • Action Item: Customs officials should receive training and updated guidelines to ensure consistent application of the new regulatory framework.

Impact on Legal Professionals

  • Action Item: Legal professionals should monitor updates and provide guidance to clients on compliance.

Key Entities Referenced

Ministry of Finance (Department of Revenue): The issuing authority of the gazette notification. Responsible for customs and revenue matters in India. Customs Act, 1962 (52 of 1962): The primary legislation governing customs in India. This act provides the legal basis for the rescission. Customs Tariff Act, 1975 (51 of 1975): Legislation related to customs tariffs. Referenced in conjunction with the Customs Act for the rescission authority. Notification No. 26/2011-Customs: The rescinded notification, dated March 1, 2011, which was previously amended by Notification No. 38/2024-Customs. Notification No. 38/2024-Customs: The amendment to Notification No. 26/2011-Customs, dated July 23, 2024, which is also rescinded.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-06092024-256961 xxxGIDHxxx CG-DLxx-xEG-I0D6E0x9x2x0 24-256961 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 504] नई दिल्ली, िुक्रिार, जसतम्ब र 6, 2024/भार 15, 1946 No. 504] NEW DELHI, FRIDAY, SEPTEMBER 6, 2024/BHADRA 15, 1946 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अधिसचू ना नई दिल् ली, 6 जसतम्ब र, 2024 सख्ं य ा 42/2024-सीमािल्ु क सा.का.जन. 546(अ).—सीमािुल् क अजधजनयम, 1962 (1962 का 52) की धारा 25 की उप धारा (1) और सीमा िुल् क ैरिर अजधजनयम, 1975 (1975 का 51) की धारा 3 के तहत प्रित् त िजियों का प्रयोग करते हुए, केन्‍द र सरकार, इस बात स े संतुष्ै होत े हुए दक ससा करना िनजहत म वि्‍ यक ह,र एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (रािस्ट् ि जिभाग) की अजधसूचना संख् या 26/2011-सीमा िुल् क, दिनांक 1 माचच, 2011 जिसे सा.का.जन. 152(अ), दिनांक 1 माच,च 2011 के तहत भारत के रािपत्र, असाधारण, के भाग II, खंड 3, उपखंड (i) म प्रकाजित दकया गया था, को जनरजसत, ससे जनरसन से पूिच की गई अथिा करने स ेलोप की गई बातों को छोड़त े हुए, करती ह र । 2. यह अजधसूचना दिनांक 7 जसतम्ब र, 2024 से लाग ूहोगी । [ ा. स.ं 190354/72/2024-ैीवरय]ू दिलजमल ससंह सोच, अिर सजचि 5729 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] नोै : प्रधान अजधसूचना संख् या 26/2011-सीमा िुल् क, दिनांक 1 माचच, 2011, को सा.का.जन. 152 (अ) दिनांक 1 माच,च 2011 के तहत भारत के रािपत्र, असाधारण, के भाग-II, खंड 3, उप खंड (i) म प्रकाजित दकया गया था और इसम अंजतम बार अजधसूचना संख्य ा 38/2024-सीमा िुल् क, दिनांक 23 िुलाई, 2024, सा.का.जन. 441 (अ) दिनांक 23 िुलाई, 2024 के तहत भारत के रािपत्र, असाधारण, के भाग-।।, खंड 3, उप खंड (i) म प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था । MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 6th September, 2024 No. 42/2024-Customs G.S.R. 546(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with 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 rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 26/2011-Customs, dated the 1st March, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 152(E), dated the 1st March, 2011, except as respects things done or omitted to be done before such rescission. 2. This notification shall come into force on the 7th day of September, 2024. [F. No. 190354/72/2024-TRU] DILMIL SINGH SOACH, Under Secy. Note: The principal notification No. 26/2011-Customs, dated the 1st March, 2011 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 152(E), dated the 1stMarch,2011 and was last amended vide notification No. 38/2024-Customs, dated the 23rd July, 2024 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 441(E), dated the 23rd July, 2024. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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