Home India Ministry of Finance In exercise of the powers conferred by subsection 1 of secti...
Date: 2016-10-05 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by subsection 1 of section 25 of the Customs Act, 1962 52 of 1962, the Central

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This notification, No. 58/2016-Customs, published on October 5, 2016, by the Ministry of Finance, Department of Revenue, introduces amendments to Notification No. 157/1990-Customs, dated March 28, 1990, concerning customs regulations. These amendments involve omissions and insertions related to conditions and schedules within the original notification, impacting customs duties and procedures for specific entities and activities. Key Points / Main Content: Amendments to Notification No. 157/1990-Customs: * Omission of "or Schedule III" from the first paragraph. * Omission of condition 1 from the first paragraph. * Omission of condition 5 from the first paragraph. * Omission of Schedule III and related entries. Insertion Regarding Export Failure: * In the event of failure to export goods within the specified period in condition 4 of paragraph 1, the Federation and importer are jointly and severally liable for customs duties and applicable interest as of the import date. * The Federation's liability is capped at the amount of duties plus ten percent. * The Federation is not liable if goods are sold in exhibitions/fairs or disposed of in India according to applicable laws, and duties are paid as of the import date, along with applicable interest. Amendment to Schedule II: * In serial number 5, "an official of" is replaced with "an official or". * The following serial numbers are inserted after serial number 5: * Display or demonstration before any Department of the Central Government or a State Government or a Union territory Administration. * Meeting, conference or congress, by whatever name called, organised by any company or organisation. Impact Analysis: Federation and Importers: * Impact: Financial liability for customs duties and interest in case of failure to export goods within the stipulated time. * Action Required: Ensure timely export of goods or be prepared to pay applicable customs duties and interest. Understand potential liability limitations. Central Government, State Governments, Union Territory Administrations, Companies, and Organizations: * Impact: Inclusion of displays/demonstrations before government bodies and meetings/conferences organized by companies/organizations under Schedule II. * Action Required: Be aware of the inclusion of these activities under Schedule II and any associated implications for customs procedures.

Key Entities Referenced

Customs Act, 1962: A law that provides the legal framework for levying and collecting customs duties, preventing smuggling, and regulating cross-border trade in India. Central Government: The executive authority of the Union of India. Ministry of Finance: A ministry of the Government of India responsible for the country's finances and economy. Department of Revenue: A department within the Ministry of Finance responsible for all direct and indirect taxes of the Union Government. New Delhi: The capital of India. Gazette of India: A public journal and an authorized legal document of the Government of India, published weekly by the Department of Publication. G.S.R. 956E: An order number relating to customs notification. Federation: A federation is referenced in the context of import/export and customs duties liability.
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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- 708] ubZ fnYyh] cq/okj] vDrwcj 5] 2016@vkf'ou 13] 1938 No. 708] NEW DELHI, WEDNESDAY, OCTOBER 5, 2016/ASVINA 13, 1938 िव(cid:7004)त म(cid:7074)ं ालय (राज(cid:7021) व िवभाग) अिधसचू ना नई (cid:7408)द(cid:7016)ल ी, 5 अ(cid:6989)त ूबर, 2016 स.ं 58/2016-सीमा श(cid:7016)ु क सा.का.िन. 956(अ).—सीमा-शु(cid:7016)क अिधिनयम, 1962 (1962 का 52) क(cid:7409) धारा 25 क(cid:7409) उपधारा (1) के तहत शि(cid:7334)य(cid:7298) का (cid:7079)योग करत े (cid:7263)ए, क(cid:7286)(cid:7076) सरकार, इस बात स े संत(cid:7020)ु ट होते (cid:7263)ए (cid:7408)क ऐसा करना साव(cid:6981)जिनक िहत म (cid:7286) आव(cid:7019)य क ह,ै एतत(cid:7367)ारा, भारत सरकार िव(cid:7004)त मं(cid:7074)ालय (राज(cid:7021) व िवभाग) क(cid:7409) अिधसूचना स(cid:6990)ं य ा 157/1990-सीमा शु(cid:7016)क , (cid:7408)दनांक 28 माच(cid:6981), 1990, िजसे सा.का.िन. 405(अ) (cid:7408)दनाकं 28 माच,(cid:6981) 1990 के (cid:7367)ारा भारत के राजप(cid:7074), असाधारण म(cid:7286) (cid:7079)कािशत (cid:7408)कया गया था, म(cid:7286) और आगे िन(cid:7013)न िलिखत संशोधन करती ह ै(एति(cid:7019)मन प(cid:7019)च ात िजसे उ(cid:6989)त अिधसूचना से संद(cid:7414)भत (cid:7408)कया गया ह)ै , यथा :- 2. उ(cid:6989) त अिधसूचना के पहले परै ा(cid:7061)ाफ म,(cid:7286) - (क) (cid:7079)ारि(cid:7013)भक भाग म(cid:7286) श(cid:7011) द(cid:7298) ‘या अनसु ूची III’’ को हटा (cid:7408)दया जाए; (ख) शत(cid:6981) (1) को हटा (cid:7408)दया जाए; (ग) शत(cid:6981) (5) को हटा (cid:7408)दया जाए। 3. पहले परै ा(cid:7061)ाफ के प(cid:7019) चात िन(cid:7013) निलिखत को शािमल (cid:7408)कया जाएगा, यथा :- ‘’1क. पैरा(cid:7061)ाफ 1 क(cid:7409) शत (cid:6981) (4) म(cid:7286) िन(cid:7416)द(cid:7020)ट अविध के भीतर व(cid:7021)त ु(cid:7312) का िनया(cid:6981)त न कर पान े क(cid:7409) ि(cid:7021)थित म,(cid:7286) फेडरेशन तथा आयातक संयु(cid:6989) त (cid:7272)प स े तथा पृथक (cid:7272)प से, आयात क(cid:7409) ितिथ के अनसु ार व(cid:7021)त (cid:7312)ु पर लगन े वाल े सीमा श(cid:7016)ु क का, उस पर लाग ू(cid:7011)य ाज सिहत, भुगतान करन ेके िलए उ(cid:7004)त रदायी ह(cid:7298)गे : 4743 GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] बशत(cid:7287) (cid:7408)क फेडरेशन का दािय(cid:7004) व सीमा शु(cid:7016)क क(cid:7409) रािश के अित(cid:7407)र(cid:6989)त , उस रािश के 10 (cid:7079)ितशत से अिधक नह(cid:7277) होगा : बशत(cid:7287) इसके अित(cid:7407)र(cid:6989) त (cid:7408)क फेडरेशन उन मामल(cid:7298) म(cid:7286) सीमा शु(cid:7016)क का भुगतान करने हते ु उ(cid:7004)त रदायी नह(cid:7277) होगा, जहा ं उ(cid:6989) त व(cid:7021) तु(cid:7312) को, ऐसी व(cid:7021) तु(cid:7312) पर लागू त(cid:7004)स मय (cid:7079)व(cid:7004)ृ त (cid:7408)कसी कानून के अनुसार तथा आयात क(cid:7409) ितिथ के अनसु ार व(cid:7021)त ु(cid:7312) पर लगने वाले सीमा शु(cid:7016)क का, उस पर लागू (cid:7011) याज सिहत, भुगतान (cid:7408)कय े जान े पर, (cid:7079)दशि(cid:6981) नय(cid:7298) या मले (cid:7298) म(cid:7286) बेचा जाता है अथवा भारत म(cid:7286) उनका अ(cid:7008)य था िनपटान (cid:7408)कया जाता ह।ै ‘’ 4. अनसु ूची- II म,(cid:7286) - (क) (cid:7059)म सं. 5 म(cid:7286) श(cid:7011) द(cid:7298) ‘’सं(cid:7021)मारक (cid:7079)कार का (cid:7408)कसी अिधकारी’’ के (cid:7021)थ ान पर “’सं(cid:7021)मारक अथवा आिधका(cid:7407)रक (cid:7079)कार” को (cid:7079)ित(cid:7021) थािपत (cid:7408)कया जाएगा; (ख) (cid:7059)म सं. 5 के प(cid:7019) चात िन(cid:7013) निलिखत (cid:7059)म सं(cid:6990)य ा(cid:7312) को शािमल (cid:7408)कया जाएगा :- ‘’6. के(cid:7008) (cid:7076) सरकार अथवा रा(cid:6996)य सरकार अथवा संघ रा(cid:6996)य (cid:6979)े(cid:7074) (cid:7079)शासन के सम(cid:6979) िड(cid:7021) (cid:7009)ल ेया (cid:7079)दशन(cid:6981) । 7. (cid:7408)कसी भी कंपनी या संगठन (cid:7367)ारा आयोिजत मी(cid:7411)टग, का(cid:7080)ं (cid:7286)स या कां(cid:7061)ेस, िजस नाम से भी पुकारा जाए।‘’ 5. उ(cid:6989) त अिधसूचना म,(cid:7286) अनसु चू ी-III तथा उससे संबंिधत (cid:7079)िवि(cid:7397)य(cid:7298) को हटा (cid:7408)दया जाए। [फा. सं. 18000/1/2015-ओएसडी (आईसीडी)] ि(cid:6979)त(cid:7008)े (cid:7076) वमा,(cid:6981) अवर सिचव नोट : (cid:7079)धान अिधसूचना सं. 157/1990-सीमा शु(cid:7016)क , (cid:7408)दनाकं 28 माच,(cid:6981) 1990 को सा.का.िन. 405(अ), (cid:7408)दनाकं 28 माच,(cid:6981) 1990 के तहत भारत के राजप(cid:7074), असाधारण म(cid:7286) (cid:7079)कािशत (cid:7408)कया गया था और इसम(cid:7286) अंितम बार अिधसूचना सं. 55/2007-सीमा श(cid:7016)ु क, (cid:7408)दनाकं 12 अ(cid:7079)ैल, 2007 िजसे सा.का.िन. 287(अ), (cid:7408)दनाकं 12 अ(cid:7079)लै , 2007 के तहत (cid:7079)कािशत (cid:7408)कया गया था, के (cid:7367)ारा सशं ोधन (cid:7408)कया गया ह।ै MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 5th October, 2016 No. 58/2016-Customs G.S.R. 956(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 in the Ministry of Finance (Department of Revenue), No. 157/1990-Customs, dated the 28th March, 1990 published in the Gazette of India, Extraordinary, (cid:101)(cid:105)(cid:100)(cid:118) number G.S.R. 405(E), dated the 28th March, 1990 (hereinafter referred to as the said notification), namely:- 2. In the said notification, in the first paragraph, - (a)(cid:32) in the opening portion, the words “or Schedule III” shall be omitted; (b)(cid:32) condition (1) shall be omitted; (c)(cid:32) condition (5) shall be omitted. 3. After the first paragraph, the following shall be inserted, namely:- “1A. In the event of failure to export the goods within the period specified in condition (4) of paragraph 1, the Federation and the importer shall, jointly and severally be liable to pay the duties of customs leviable on the goods as on the date of import, along with applicable interest:¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3 Provided that the liability of the Federation shall not exceed the amount of the duties of customs by more than ten per cent: Provided further that the Federation shall not be liable to pay the customs duty in cases where the said goods are sold in exhibitions or fairs or otherwise disposed of in India in accordance with any law for the time being in force applicable to such goods and on payment of the duties of customs which are payable as on the date of import in respect of such goods, along with applicable interest.” 4. In Schedule II, - (a)(cid:32) in serial number 5, for the words, “an official of”, the words “an official or” shall be substituted; (b)(cid:32) after serial number 5, the following serial numbers shall be inserted:- “6. Display or demonstration before any Department of the Central Government or a State Government or a Union territory Administration. 7. Meeting, conference or congress, by whatever name called, organised by any company or organisation.” 5. In the said notification, Schedule III and the entries relating thereto shall be omitted. [F. No. 18000/1/2015- OSD (ICD)] KSHITENDRA VERMA, Under Secy. Note: The principal notification No. 157/1990-Customs, dated the 28th March, 1990, was published in the Gazette of India, Extraordinary, vide G.S.R. 405(E), dated the 28th March, 1990 and was last amended by notification No. 55/2007-Customs, dated the 12th April, 2007, published vide G.S.R. 287(E), dated the 12th April, 2007. (cid:32) 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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