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Date: 29-Dec-2023 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 96/2008 Customs, dated the 13th August, 2008

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The notification No. 67/2023-Customs amends notification No. 96/2008-Customs, dated August 13, 2008, to include the Democratic Republic of Congo in the schedule of countries eligible for preferential customs treatment.

Key Changes

  • A new serial number 38 is added to the schedule in notification No. 96/2008-Customs.
  • The entry corresponding to serial number 38 is 'Democratic Republic of Congo'.

Impact Analysis

Importers

  • Action Item: Review notification No. 96/2008-Customs and related trade agreements to determine the specific tariff benefits available for goods imported from the Democratic Republic of Congo. Update import procedures to take advantage of these benefits.

Exporters

  • Action Item: Analyze the potential impact of reduced tariffs on the competitiveness of domestically produced goods. Explore strategies to enhance competitiveness, such as improving efficiency or diversifying product offerings.

Government Revenue

  • Action Item: Monitor the impact of the tariff reduction on overall customs revenue. Consider alternative revenue sources to offset any potential shortfall.

Key Entities Referenced

Customs Act, 1962: The principal legislation governing customs duties in India. Section 25 empowers the Central Government to grant exemptions from customs duty. Notification No. 96/2008-Customs: The original notification, dated August 13, 2008, which establishes a schedule of countries eligible for preferential customs treatment. This notification is being amended by the current notification. Democratic Republic of Congo: The country being added to the schedule of countries eligible for preferential customs treatment under notification No. 96/2008-Customs. Ministry of Finance (Department of Revenue): The government ministry responsible for issuing the notification.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-29122023-250977 CG-DxLx-xEG-I2D9H1x2x2x0 23-250977 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY सं. 741] नई दिल्ली, िुक्रिार, दिसम्ब र 29, 2023/पौष 8, 1945 No. 741] NEW DELHI, FRIDAY, DECEMBER 29, 2023/PAUSHA 8, 1945 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अजधसचू ना नई दिल् ली, 29 दिसम् बर, 2023 सख्ं या 67/2023-सीमािल्ु क सा.का.जन. 925(अ).— सीमा िुल् क अजधजनयम 1962 (1962 का 52) की धारा 25 की उपधारा (1) के तहत प्रित् त िजियों का प्रयोग करते हुए केन्‍द र सरकार, इस बात से संतुष्ट होते हुए दक ऐसा करना िनजहत में आिश् यक ह,ै भारत सरकार, जित् त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना सख्ं य ा 96/2008-सीमािुल् क, दिनांक 13 अगस्ट् त, 2008, जिस े सा.का.जन. 590 (अ), दिनांक 13 अगस्ट् त, 2008 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खडं 3, उप खडं (i) म ें प्रकाजित दकया गया था, में जनम्न जलजखत और संिोधन करती ह,ै अथाात:- 8010 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] उि अजधसूचना म,ें अनुसूची म ें क्रम सख्ं या 37 और उससे संबंजधत प्रजिजियों के बाि, जनम्नजलजखत क्रम संख्या और प्रजिजि अंत:स्ट्थ ाजपत की िाएगी, अथाात:् - क्र.सं. िेि का नाम “38 कांगो लोकतांजत्रक गणराज्य"। [फा. स.ं सीबीआईसी-190354/214/2021-टीओ (टीआरयू-I)-सीबीईसी] जनजति कनााटक, अिर सजचि टटप्पणी:-प्रधान अजधसूचना सख्ं या 96/2008-सीमािुल् क, दिनांक 13 अगस्ट् त, 2008, जिसे सा.का.जन. 590 (अ), दिनांक 13 अगस्ट्त , 2008 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खडं 3, उप खंड (i) म ें प्रकाजित दकया गया था और इसमें अंजतम बार अजधसूचना संख्या 23/2022-सीमा िुल्क, दिनांक 30 अप्रलै , 2022, जिसे सा.का.जन. संख्या 326 (अ), दिनांक 30 अप्रैल, 2022 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खडं 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 29th December, 2023 No. 67/2023-Customs G.S.R. 925(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, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 96/2008-Customs, dated the 13th August, 2008, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 590 (E), dated the 13th August, 2008, namely:- In the said notification, in the Schedule, after serial number 37 and the entries relating thereto, the following serial number and entry shall be inserted, namely: - Sl. No. Name of the Country “38 Democratic Republic of Congo”. [F. No. CBIC-190354/214/2021-TO(TRU-I)-CBEC] NITISH KARNATAK, Under Secy. Note:The principal notification No. 96/2008-Customs, dated the 13th August, 2008 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 590(E), dated the 13th August, 2008 and was last amended by notification No. 23/2022-Customs, dated the 30th April 2022, that was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 326(E), dated the 30th April 2022. 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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