Home India Ministry of Finance In exercise of the powers conferred by sub section 1 of sect...
Date: 2018-08-03 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

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

This notification, No. 56/2018-Customs, issued by the Department of Revenue, Ministry of Finance, introduces amendments to Notification No. 50/2017-Customs, dated June 30, 2017 (G.S.R. 785(E)). The amendments are made under the authority granted by subsection (1) of section 25 of the Customs Act, 1962, and subsection (12) of section 3 of the Customs Tariff Act, 1975, and are deemed necessary in the public interest. The notification, dated August 3, 2018, inserts a new proviso, effective August 4, 2018, specifying that entries against serial number 14A and the second proviso will come into effect from September 18, 2018. The responsible officer is Mohit Tewari, Under Secretary, and the file number is F. No. 341/152/2018-TRU. The principal notification was last amended by Notification No. 54/2018-Customs, dated July 20, 2018 (G.S.R. 667(E)).

Key Entities Referenced

Ministry of Finance: The ministry responsible for the notification and amendments related to customs. Department of Revenue: The department within the Ministry of Finance that issued the notification. Customs Act, 1962: The primary legislation governing customs duties and regulations in India. Customs Tariff Act, 1975: An act related to customs tariffs. Central Government: The governing authority issuing the notification. New Delhi: The location where the notification was issued. Mohit Tewari: Under Secretary who signed the notification. Government of India Press, Ring Road, Mayapuri, New Delhi110064: The location where the document was printed.
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