Home India Ministry of Finance In the notification of the Government of India, Ministry of ...
Date: 23-Jan-2024 Category: Extra Ordinary State: Union Government Country: India

In the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 15/2023 Customs (ADD), dated the 22nd December, 2023, published in the Gazette of India

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • This gazette notification is a corrigendum to Notification No. 15/2023-Customs (ADD) issued on December 22, 2023, which pertains to anti-dumping duty. The corrigendum makes certain amendments to the original notification, including omissions, corrections, and additions to the explanatory section.

Key Changes

  • Omission of ‘84798199,’ from page 4, line 11 of the original notification.
  • Omission of ‘84798199,’ from column (2) of the table on page 4 of the original notification.
  • Correction of the name 'Jinan Oree Laser Technology Co. Ltd' to 'Jinan Oree Laser Equipment Co., Ltd.' in column (6) against serial number 7 in the table on page 5 of the original notification.
  • Addition of a definition for 'CIF value' in the Explanation section, defining it as the assessable value determined under section 14 of the Customs Act, 1962 (52 of 1962).
  • The original notification number is 15/2023-Customs (ADD), dated December 22, 2023, published under G.S.R. 913(E), dated December 22, 2023.

Impact Analysis

Importers

  • Action Item: Review existing import documentation and procedures to align with the updated notification, particularly concerning the calculation of anti-dumping duties based on the defined 'CIF value'.

Customs Authorities

  • Action Item: Update internal guidelines and training materials to reflect the changes introduced by this corrigendum.

Manufacturers/Exporters

  • Action Item: Communicate the corrected company name to all relevant stakeholders, including importers and customs authorities.

Key Entities Referenced

Ministry of Finance (Department of Revenue): The issuing authority of the notification and corrigendum, responsible for customs and tax-related matters. CBIC: Central Board of Indirect Taxes and Customs, referenced by file number CBIC- 190354/240/2023-TO(TRU-I)-CBEC. Customs Act, 1962: The principal legislation governing customs duties and related matters in India. Section 14 is specifically referenced concerning the determination of assessable value and rate of exchange. Notification No. 15/2023-Customs (ADD): The original notification concerning anti-dumping duty, which this corrigendum amends. Jinan Oree Laser Equipment Co., Ltd.: The correct name of the company, previously misstated as 'Jinan Oree Laser Technology Co. Ltd'.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-23012024-251567 CG-DxLx-xEG-I2D3H0x1x2x0 24-251567 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 53] नई दिल्ली, मगं लिार, िनिरी 23, 2024/माघ 3, 1945 No. 53] NEW DELHI, TUESDAY, JANUARY 23, 2024/MAGHA 3, 1945 जित्त मत्रं ालय (रािस्ट्ि जिभाग) िजु िपत्र नई दिल्ली, 23 िनिरी, 2024 सा.का.जन. 59(अ).—भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की सा.का.जन. 913(अ), दिनांक 22 दिसम्बर, 2023 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप खडं (i) म ें प्रकाजित अजधसूचना संख् या 15/2023-सीमा िुल्क (एडीडी), दिनांक 22 दिसम्बर, 2023 म ें अर्ाात्:- (i) पृष्ठ संख् या 1 पर, पंजि संख् या 10 म,ें ‘84798199,’ का लोप दकया िाएगा; (ii) पृष्ठ संख् या 2 पर, सारणी म,ें कॉलम 2 म,ें ‘84798199,’ का लोप दकया िाएगा; (iii) पृष्ठ संख् या 3 पर, सारणी म,ें क्र. स.ं 7 के समक्ष, कॉलम (6) म ें ‘जिनान ओरी लेिर टेक्न ोलॉिी कंपनी जलजमटेड’ के स्ट्र्ान पर ‘जिनान ओरी लेिर इजक्ि पमेंट कंपनी जलजमटेड’ पढ़ा िाएगा I [फा. स.ं सीबीआईसी -190354/240/2023-टीओ (टीआरय-ू I)-सीबीईसी] राकेि िजहया, जनिेिक 516 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 23rd January, 2024 G.S.R. 59(E).—In the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 15/2023- Customs (ADD), dated the 22nd December, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 913(E), dated the 22nd December, 2023, namely:- (i) at the page number 4, in line 11, omit ‘84798199,’; (ii) at the page number 4, in the TABLE, in column (2), omit ‘84798199,’; (iii) at the page number 5, in the TABLE, against SN 7, in Column (6), for “Jinan Oree Laser Technology Co. Ltd”, read “Jinan Oree Laser Equipment Co., Ltd.”; (iv) at the page number 5, after Paragraph 2, in the Explanation - for “For the purposes of this notification, rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Act;” read “For the purposes of this notification- (a) rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Act; (b) “CIF value” means the assessable value as determined under section 14 of the Customs Act, 1962 (52 of 1962).”. [F. No. CBIC- 190354/240/2023-TO(TRU-I)-CBEC] RAKESH DAHIYA, Director 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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