Home India Ministry of Finance In exercise of the powers conferred by sub section 1 of sect...
Date: 2018-11-01 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,

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

This notification, No. 77/2018-Customs, issued by the Ministry of Finance, Department of Revenue, amends Notification No. 50/2017-Customs, dated June 30, 2017 (G.S.R. 785(E)). The amendment, made under Section 25(1) of the Customs Act, 1962, and Section 3(12) of the Customs Tariff Act, 1975, substitutes "17th day of December, 2018" for "2nd day of November, 2018" in the third proviso of the principal notification. The original notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i). This amendment is deemed necessary in the public interest. The notification is issued under F. No. 341/152018-TRU and signed by Gunjan Kumar Verma, Under Secretary. The principal notification was last amended by Notification No. 72/2018-Customs, dated September 28, 2018, published as G.S.R. 944(E).

Key Entities Referenced

Customs Act, 1962: An act of the parliament of India to consolidate and amend the law relating to customs. Customs Tariff Act, 1975: An act of the parliament of India to provide for the imposition of a customs tariff. Central Government: The executive authority of the Union of India. Ministry of Finance: A ministry in the Government of India responsible for the finances of the country. Department of Revenue: A department under the Ministry of Finance, Government of India. New Delhi: The capital of India, where the notification was issued. G.S.R. 1080E: The number assigned to the statutory rule issued under the notification. Gunjan Kumar Verma: Under Secretary in the Ministry of Finance, Department of Revenue, Government of India.
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