Home India Ministry of Finance In the notification of the Government of India in the Minist...
Date: 2017-05-16 Category: Extra Ordinary State: Union Government Country: India

In the notification of the Government of India in the Ministry of Finance Department of Revenue

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

This document is a corrigendum to a notification issued by the Ministry of Finance, Department of Revenue, Government of India, regarding customs duties. Specifically, it amends notification No. 17/2017-Customs (ADD), dated May 11, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), under G.S.R. 455(E) of the same date. The corrigendum makes the following changes: i. **Page 14, lines 32 and 33:** Modifies the text concerning the amount of duty to be levied. It clarifies that the duty should be equivalent to the difference between the amount in column 8 of the original notification and the landed value of the goods, but only when the landed value is less than the amount specified in column 8. ii. **Page 22, line 51:** Amends the Explanation section to clarify the definition of "landed value of imports." It specifies that landed value means the assessable value as determined by customs under the Customs Act, 1962, and includes all customs duties except those levied under sections 3, 3A, 8B, 9, and 9A of the Customs Tariff Act, 1975. The corrigendum is issued under F. No. 354/119/2016-TRU and signed by Mohit Tewari, Under Secretary.

Key Entities Referenced

New Delhi: The city where the notification was issued. Ministry of Finance, Department of Revenue: The government ministry and department issuing the corrigendum. Customs Act, 1962: Indian legislation governing customs duties and procedures. Customs Tariff Act, 1975: Indian legislation related to customs tariffs. Mohit Tewari: Under Secretary who approved the uploading of the notification. Mayapuri, New Delhi: Location of the Government of India Press. G.S.R. 472E: Reference number of the notification being corrected. Dte. of Printing: Directorate of Printing. Uploader of the notification
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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- 376] ubZ fnYyh] eaxyokj] ebZ 16] 2017@oS'kk[k 26] 1939 No. 376] NEW DELHI, TUESDAY, MAY 16, 2017/VAISAKHA 26, 1939 िवत् त मं(cid:7074)ालय (राजस्व िवभाग) शिु (cid:7373)प(cid:7074) नई िदल् ली, 16 मई, 2017 सा.का.िन. 472(अ).—भारत सरकार िवत् त मं(cid:7074)ालय (राजस् व िवभाग) की अिधसूचना संख् या 17/2017 – सीमा शुल् क (एडीडी), िदनांक 11 मई, 2017, िजसे सा.का.िन. 455 (अ) िदनांक 11 मई, 2017 के (cid:7367)ारा भारत के राजप(cid:7074), असाधारण के, भाग ।।, खंड 3, उपखंड (i) म(cid:7286) (cid:7079)कािशत िकया गया था,- (i) पृ(cid:7399) 2 के 17 और 18 वी पंि(cid:7334) म(cid:7286), “कॉलम (8) म(cid:7286) दी गई तत् संबंधी (cid:7079)िवि(cid:7397) म(cid:7286) िन(cid:7416)दष्र् ट रािश के बराबर की दिृ (cid:7397) से (cid:7079)ितपाटन शुल् क लगाती ह।ै ” के स् थान पर “उस दर से जो िक कॉलम (8) म(cid:7286) दी गई तत् संबंधी (cid:7079)िविष्ट िन(cid:7416)दष्र् ट रािश और िवषयगत वस् तु के ल(cid:7289)िडंग मूल् य के बीच होने वाले अंतर के समतुल् य होगी, (cid:7079)ितपाटन शुल् क लगायेगी, बशत(cid:7287) िक ल(cid:7289)िडंग मूल् य कॉलम(8) म(cid:7286) िन(cid:7416)दष्र् ट रािश से कम हो ।” को पढ(cid:7286); (ii) पृ(cid:7399) 13 के 31 वी पिं (cid:7334) म(cid:7286), “स् पष् टीकरण - इस अिधसूचना के (cid:7079)योजन(cid:7298) के िलए,” के स् थान पर “स् पष् टीकरण - इस अिधसूचना के (cid:7079)योजन(cid:7298) के िलए, आयात के ल(cid:7289)डेड मूल् य से अिभ(cid:7079)ाय सीमा शुल् क अिधिनयम 1962 (1962का 52) के अंतगर्त सीमा शुल् क (cid:7367)ारा िनधार्िरत िनधार्रण मूल् य से ह ै और इसम(cid:7286) सीमा शुल् क टैिरफ अिधिनयम 1975 के अंतगर्त धारा 3, 3क, 8ख, 9 और धारा 9क के अंतगर्त लगने वाले उ(cid:7365)हण को छोड़कर सभी सीमा शुल् क डयूिटयां शािमल ह;(cid:7289) और” को पढ(cid:7286) । [फा. सं. 354/119/2016–टीआरय]ू मोिहत ितवारी, अवर सिचव 3187 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 16th May, 2017 G.S.R. 472(E).—In the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 17/2017 – Customs (ADD), dated the 11th May, 2017 published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (i), vide number G.S.R. 455(E), dated the 11th May, 2017, - (i) at page 14, in lines 32 and 33, for “equal to the amount as specified in the corresponding entry in column (8)” read “which is equivalent to the difference between the amount mentioned in the corresponding entry in column (8) and the landed value of the subject goods, provided the landed value is less than such amount specified in column (8)”; (ii) at page 22, in line 51, for “Explanation.- For the purposes of this notification,” read “Explanation.- For the purposes of this notification, “landed value” of imports means the assessable value as determined by the customs under the Customs Act, 1962 (52 of 1962) and includes all duties of customs except duties levied under sections 3, 3A, 8B, 9 and section 9A of the Customs Tariff Act, 1975; and the”. [F. No. 354/119/2016-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.

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