Executive Summary:
This document comprises two notifications from the Ministry of Finance, Department of Revenue, concerning amendments to customs duties. The first notification, No. 87/2017-Customs, makes further amendments to Notification No. 50/2017-Customs, dated June 30, 2017. The second notification, No. 88/2017-Customs, increases import duty on goods under heading 1201 of the First Schedule to the Customs Tariff Act, 1975. Both notifications are effective as of November 17, 2017.
Key Points / Main Content:
Notification No. 87/2017-Customs Amendments:
* Serial Number 57: For item II of column 3, clauses A, B, and C, the entry "15" in column 4 is substituted with "30".
* Serial Number 61: The entry "17.5" in column 4 is substituted with "30".
* Serial Number 62: The entry "20" in column 4 is substituted with "35".
* Serial Number 63: The entry "1508, 1509, 1510, 1512, 1513, 1514 or 1515" in column 2 is substituted with "1508, 1509, 1510, 1512 other than 1512 11 10, 1513, or 1515".
* Serial Number 64: The entry "1508, 1509, 1510, 1512, 1513, 1514 or 1515" in column 2 is substituted with "1508, 1509, 1510, 1512 other than 1512 19 10, 1513, or 1515".
* Serial Number 65: The entry "25" in column 4 is substituted with "40".
* Serial Number 70: The entry "12.5" in column 4 is substituted with "25".
* Serial Number 71: The entry "20" in column 4 is substituted with "35".
* Serial Number 73: The entry "12.5" in column 4 is substituted with "25".
* Serial Number 74: The entry "20" in column 4 is substituted with "35".
Notification No. 88/2017-Customs Amendment:
* Tariff Items 1201 10 00 and 1201 90 00: The entry in column 4 is substituted with "45".
Impact Analysis:
Central Government:
Impact: Responsible for implementing and overseeing the changes in customs duties as per the notifications.
Action Required: Ensure that the updated customs duties are correctly applied and that relevant systems and documentation are updated accordingly.
Importers of Goods Under Heading 1201:
Impact: Will be subject to an increased import duty of "45" on goods falling under heading 1201 of the First Schedule to the Customs Tariff Act, 1975.
Action Required: Adjust financial planning and pricing strategies to account for the increased import duty.
Businesses Affected by Serial Numbers 57, 61, 62, 63, 64, 65, 70, 71, 73, and 74:
Impact: These businesses will experience changes in the applicable customs duties as outlined in the amendments of Notification No. 87/2017-Customs.
Action Required: Review and update financial projections and operational budgets to reflect the new duty rates.
Key Entities Referenced
Customs Act, 1962: A legal act, specifically section 25, subsection 1, which grants powers to the Central Government regarding customs duties.
Central Government: The governing authority responsible for making amendments and issuing notifications related to customs and tariffs.
Ministry of Finance Department of Revenue: The government department responsible for issuing the original notification and subsequent amendments.
New Delhi: The location where the notification was issued.
Customs Tariff Act, 1975: A legal act, specifically section 8A, related to import duties and amendments to the First Schedule.
Mohit Tewari: Under Secretary who signed the notification.
G.S.R. 785E: The gazette notification number in which the original notification No. 50/2017-Customs was published.
G.S.R. 1430E: The gazette notification number for notification No. 87/2017-Customs.
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx II—[k.M 3—mi&[k.M (i)
PART II—Section 3—Sub-section (i)
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la. 936] ubZ fnYyh] 'kqØokj] uoEcj 17] 2017@dk£rd 26] 1939
No. 936] NEW DELHI, FRIDAY, NOVEMBER 17, 2017/KARTIKA 26, 1939
ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:7)(cid:7)ंं(cid:7)(cid:7)ंं ााााललललयययय
((((ररररााााजजजज(cid:5)(cid:5)(cid:5)(cid:5)वव वव ििििववववभभभभाााागगगग))))
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6) ली, 17 नव(cid:10) बर, 2017
सससस..ंं..ंं 88887777////2222000011117777----ससससीीीीममममाााा शशशश(cid:8)(cid:8)ुु(cid:8)(cid:8)ुु कक कक
ससससाााा....ककककाााा....ििििनननन .... 1111444433330000((((अअअअ))))....———— क(cid:13)(cid:14) सरकार सीमा शु(cid:6) क अिधिनयम, 1962 (1962 का 52) क(cid:28) धारा 25 क(cid:28) उप-धारा
(1) ारा !द"त शि%त य’ का !योग करत े +ए, यह समाधान हो जान े पर (cid:4)क लोकिहत म(cid:13) ऐसा करना आव0 यक ह,ै
भारत सरकार के िव"त मं3ालय (राज5व िवभाग) क(cid:28) अिधसूचना सं. 50/2017- सीमा शु(cid:6)क , तारीख 30 जून, 2017,
सा.का. िन. 785(अ), तारीख 30 जून, 2017, के तहत भारत के राजप3, असाधारण, के भाग II, खंड 3, उपखंड (i) म (cid:13)
!कािशत (cid:4)कया गया था, म (cid:13)िन(cid:10)न िलिखत और संशोधन करती ह ैअथात= ्:-
उ%त अिधसूचना म,(cid:13) तािलका म,(cid:13) -
(i) @म स.ं 57 म,(cid:13) 5त ंभ (3) म (cid:13) मद II के खंड’ (क), (ख) और (ग) के सामन े5 तंभ (4) क(cid:28) !िविCट ‘‘15%’’ के 5 थान
पर !िविCट ‘’30 %’’ !ित5थ ािपत क(cid:28) जाएगी ;
(ii) @म स.ं 61 म(cid:13) 5त ंभ (4) क(cid:28) !िविCट “17.5%” के 5थ ान पर !िविC ट “30%” !ित5थ ािपत क(cid:28) जाएगी ;
(iii) @म स.ं 62 म(cid:13) 5त ंभ (4) क(cid:28) !िविCट “20%” के 5थ ान पर !िविC ट “35%” !ित5 थािपत क(cid:28) जाएगी;
(iv) @म सं. 63 म(cid:13) 5त ंभ (2) क(cid:28) !िविC ट @मश: “1508, 1509, 1510, 1512, 1513, 1514 या 1515” के
5थ ान पर !िविCट “1508, 1509, 1510, 1512 (1512 11 10 से िभE), 1513, or 1515” !ित5 थािपत
क(cid:28) जाएगी ;
6757 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(v) @म सं. 64 म(cid:13) 5त ंभ (2) क(cid:28) !िविC ट @मश: “1508, 1509, 1510, 1512, 1513, 1514 या 1515” के
5थ ान पर “1508, 1509, 1510, 1512 (1512 19 10 से िभE), 1513, या 1515” !ित5थ ािपत क(cid:28) जाएगी;
(vi) @म स.ं 65 म(cid:13) 5त ंभ (4) क(cid:28) !िविCट “25%” के 5थ ान पर !िविC ट “40%” !ित5थ ािपत क(cid:28) जाएगी ;
(vii) @म स.ं 70 म (cid:13)5त ंभ (4) क(cid:28) !िविCट “12.5%” के 5थ ान पर !िविC ट “25%” !ित5थ ािपत क(cid:28) जाएगी ;
(viii) @म स.ं 71 म(cid:13) 5त ंभ (4) क(cid:28) !िविCट “20%” के 5थ ान पर !िविC ट “35%” !ित5थ ािपत क(cid:28) जाएगी ;
(ix) @म स.ं 73 म(cid:13) 5त ंभ (4) क(cid:28) !िविCट “12.5%” के 5थ ान पर !िविC ट “25%” !ित5थ ािपत क(cid:28) जाएगी ;
(x) @म स.ं 74 म(cid:13) 5त ंभ (4) क(cid:28) !िविCट “20%” के 5थ ान पर !िविC ट “35%” !ित5थ ािपत क(cid:28) जाएगी;
[फा.स.ं 354/203/2012-टीआरयू]
मोिहत ितवारी, अवर सिचव
(cid:10)(cid:10)(cid:10)(cid:10)टटटट(cid:12)(cid:12)(cid:12)(cid:12)पप प प णणणण::::— मूल अिधसूचना स.ं 50/2017-सीमाशु(cid:6)क, (cid:4)दनाकं 30 जून 2017 को सा.का.िन. 785 (अ) , (cid:4)दनाकं 30 जून
2017 के तहत भारत के राजप3 , असाधारण , के भाग II, खHड 3, उप-खंड (i) म(cid:13) !कािशत (cid:4)कया गया था और
इसम(cid:13) अंितम बार अिधसचू ना सं 85/2017- सीमाशु(cid:6)क, (cid:4)दनाकं 14 नव(cid:10)बर 2017, िजसे सा.का.िन. 1403(अ)
के ारा संशोधन (cid:4)कया गया ह।ै
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 17th November, 2017
No. 87 /2017-Customs
G.S.R.1430(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,
1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby
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,-
(i) against serial number 57, in column (4) against clauses (A), (B) and (C) of item II of column (3), for
the entry “15%” the entry “30%”” shall be substituted;
(ii) against serial number 61, in column (4), for the entry “17.5%” the entry “30%”” shall be substituted;
(iii) against serial number 62, in column (4), for the entry “20%” the entry “35%”” shall be substituted;
(iv) against serial number 63, in column (2), for the entry “1508, 1509, 1510, 1512, 1513, 1514 or 1515”
the entry “1508, 1509, 1510, 1512 (other than 1512 11 10), 1513, or 1515” shall be substituted;
(v) against serial number 64, in column (2), for the entry “1508, 1509, 1510, 1512, 1513, 1514 or 1515”
the entry “1508, 1509, 1510, 1512 (other than 1512 19 10), 1513, or 1515” shall be substituted;
(vi) against serial number 65, in column (4), for the entry “25%” the entry “40%”” shall be substituted;
(vii) against serial number 70, in column (4), for the entry “12.5%” the entry “25%”” shall be substituted;¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3
(viii) against serial number 71, in column (4), for the entry “20%” the entry “35%”” shall be substituted;
(ix) against serial number 73, in column (4), for the entry “12.5%” the entry “25%”” shall be substituted;
(x) against serial number 74, in column (4), for the entry “20%” the entry “35%”” shall be substituted;
[F.No. 354/203/2012-TRU]
MOHIT TEWARI, Under Secy.
Note:— The principal notification No. 50/2017-Customs, dated the 30th June, 2017 was 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
and last amended vide notification No. 85/2017-Customs, dated the 14th November, 2017, published vide
number G.S.R. 1403 (E), dated the 14th November, 2017.
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6) ली, 17 नव(cid:10) बर, 2017
सससस..ंं..ंं 88888888////2222000011117777----ससससीीीीममममाााा शशशश(cid:8)(cid:8)ुु(cid:8)(cid:8)ुु कक कक
ससससाााा....ककककाााा....ििििनननन.... 1111444433331111((((अअअअ)))).— क(cid:13)(cid:14) सरकार का यह समाधान हो जाने पर (cid:4)क सीमाशु(cid:6)क टैNरफ अिधिनयम,,,, 1111999977775555 ((((1111999977775555
का 55551111)))) क(cid:28) पहली अनसु ूची के शीष= 1111222200001111 के अधीन आने वाले माल’ पर उQहणीय आयात शु(cid:6)क को बढ़ाया जाना चािहए
और ऐसी पNरि5थितया ंिवTमान ह,,U,, िजनम(cid:13) तुरंत कार=वाई करना आव0यक हो गया ह ै ।
अत:,,,, अब,,,, क(cid:13)(cid:14) सरकार,,,, उV सीमाशु(cid:6)क टैNरफ अिधिनयम क(cid:28) धारा 8क क(cid:28) उपधारा ((((1111)))) ारा !दW शिVय’ का
!योग करत े +ए,,,, िनदशे दते ी ह ै (cid:4)क उV सीमाशु(cid:6)क टैNरफ अिधिनयम क(cid:28) पहली अनुसूची म (cid:13) िनXिलिखत सशं ोधन करती ह,,ै,,
अथा=त:्-
उV सीमाशु(cid:6)क टैNरफ अिधिनयम क(cid:28) पहली अनसु ूची के खंड II म,,(cid:13),, अYयाय 11112222 म,,(cid:13),, टैNरफ मद 1111222200001111 11110000 00000000 और
1111222200001111 99990000 00000000,,,, के सामन े 5तंभ (4) क(cid:28) !िविZ के 5थान पर,,,, """"44445555%%%%"""" !िविZ !ित5 थािपत क(cid:28) जाएगी ।
[फा.स.ं 354/203/2012-टीआरयू]
मोिहत ितवारी, अवर सिचव
NOTIFICATION
New Delhi, the 17th November, 2017
No. 88 /2017-Customs
G.S.R. 1431(E).—WHEREAS the Central Government on being satisfied that the import duty leviable on
goods falling under heading 1201 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), should be increased
and that circumstances exist which render it necessary to take immediate action.
NOW, therefore, in exercise of the powers conferred by sub-section (1) of section 8A of the said Customs Tariff
Act, the Central Government, hereby directs that the First Schedule to the said Customs Tariff Act, shall be amended in
the following manner, namely:-
In the First Schedule to the said Customs Tariff Act, in Section II, in Chapter 12, against tariff items 1201 10 00
and 1201 90 00 for the entry in column (4), the entry "45%" shall be substituted.
[F.No. 354/203/2012-TRU]
MOHIT TEWARI, Under Secy.
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.