Home India Ministry of Finance Seeks to amend Customs Duties on certain commodities....
Date: 13-Sep-2024 Category: Extra Ordinary State: Union Government Country: India

Seeks to amend Customs Duties on certain commodities.

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Description of the Gazette Notification

  • This notification, No. 43/2024-Customs, issued by the Ministry of Finance (Department of Revenue) on September 13, 2024, amends several previous customs notifications. These amendments modify specific entries within tables contained in the earlier notifications, primarily adjusting percentages and removing certain entries.
  • The amendments are made under the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with section 124 of the Finance Act, 2021 (13 of 2021).

Key Changes

  • Notification 27/2011-Customs (dated March 1, 2011): Entry in column (4), S. No. 1, changed from an unspecified value to “20%”.
  • Notification 50/2017-Customs (dated June 30, 2017): Entries in column (4), S. Nos. 57, 61, and 70, each changed from an unspecified value to “20%”.
  • Notification 11/2021-Customs (dated February 1, 2021): Entries in column (4), S. Nos. 7 and 8, each changed from an unspecified value to “5%”.
  • Notification 48/2021-Customs (dated October 13, 2021): S. Nos. 1, 2, 3, 4, 5, and 6, and their related entries, have been omitted.
  • Notification 49/2021-Customs (dated October 13, 2021): S. Nos. 1, 2, and 3, and their related entries, have been omitted.
  • Notification 64/2023-Customs (dated December 7, 2023): The date in column (4), S. No. 1, changed from “31st October, 2024” to “31st December, 2024”.
  • The notification comes into effect from September 14, 2024.

Impact Analysis

Impact on Importers/Exporters

  • The extension of the deadline in notification 64/2023 provides additional time for compliance, but businesses should still prioritize timely completion to avoid potential penalties.

Impact on Customs Officials

  • Updated customs systems and documentation must reflect these changes.

Suggested Action Items

  • Monitor compliance and address any issues that arise.

Key Entities Referenced

Ministry of Finance (Department of Revenue): The issuing authority of the notification. Responsible for customs regulations in India. Customs Act, 1962 (52 of 1962): The primary legislation governing customs in India, under which the power to issue this notification is derived. Finance Act, 2021 (13 of 2021): Legislation that provides additional legal basis for the amendments. Notifications 27/2011, 50/2017, 11/2021, 48/2021, 49/2021, and 64/2023-Customs: Previous customs notifications that have been amended by this notification. Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i): The official publication where the notification and its amendments were published.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-13092024-257153 CG-DxLx-xEG-I1D3H0x9x2x0 24-257153 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.ं 531] नई दिल्ली, िुक्रिार, जसतम्ब र 13, 2024/भार 22, 1946 No. 531] NEW DELHI, FRIDAY, SEPTEMBER 13, 2024/BHADRA 22, 1946 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अजधसचू ना नई दिल्ली, 13 जसतम्ब र, 2024 सख्ं या 43/2024-सीमा िल्ु क सा. का. जन. 573(अ).—जित्त अजधजनयम, 2021 (2021 का 13) की धारा 124 के साथ पठित सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 25 की उप-धारा (1) के तहत प्रित्त िजियों का प्रयोग करत े हुए, केन्द्र सरकार, इस बात स े संतुष्ट होत े हुए दक ऐसा करना िनजहत म ें आिश्यक ह,ै एतिद्वारा, नीच े िी गई सारणी के कॉलम (2) में जिजनर्ििष् ट भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की जनम्न जलजखत अजधसूचनाओं को, उक्त सारणी के कॉलम (3) की तत्स ंबंधी प्रजिजष्ट म ेंजिजनर्ििष् ट सीमा तक संिोधन करती ह,ै यथा: - सारणी क्र.स.ं अजधसचू ना सख्ं य ा और दिनाकं सिं ोधन (1) (2) (3) 1. 27/2011-सीमा िुल्क, दिनांक 01 माचि, उि अजधसूचना में, सारणी में, क्रम संख्य ा 1 के समक्ष, कॉलम 2011, सा.का.जन. 153(अ), दिनांक 01 माचि, (4) में, प्रजिजष्ट के जलए, प्रजिजष्ट "20%" प्रजतस्ट्थाजपत की 2011, के तहत भारत के रािपत्र, असाधारण, िाएगी; भाग ।।, खंड 3, उप खंड (i) में प्रकाजित 5921GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] 2. 50/2017-सीमा िुल्क, दिनांक 30 िून, उि अजधसूचना में, सारणी में : 2017, सा.का.जन. 785(अ), दिनांक 30 िून, i. क्रम संख्य ा 57 के समक्ष, कॉलम (4) में, प्रजिजष्ट के जलए, 2017, के तहत भारत के रािपत्र, असाधारण, प्रजिजष्ट "20%" प्रजतस्ट्थाजपत की िाएगी; भाग ।।, खंड 3, उप खंड (i) में प्रकाजित ii. क्रम संख्य ा 61 के समक्ष, कॉलम (4) में, प्रजिजष्ट के जलए, प्रजिजष्ट "20%" प्रजतस्ट्थाजपत की िाएगी; iii. क्रम संख्य ा 70 के समक्ष, कॉलम (4) में, प्रजिजष्ट के जलए, प्रजिजष्ट "20%" प्रजतस्ट्थाजपत की िाएगी; 3. 11/2021-सीमा िुल्क, दिनांक 01 उि अजधसूचना में, सारणी में : फरिरी,2021, सा.का.जन. 69(अ), दिनांक 01 i. क्रम संख्य ा 7 के समक्ष, कॉलम (4) में, प्रजिजष्ट के जलए, फरिरी,2021 के तहत भारत के रािपत्र, प्रजिजष्ट "5%" प्रजतस्ट्थाजपत की िाएगी; असाधारण, भाग ।।, खंड 3, उप खंड (i) म ें ii. क्रम संख्य ा 8 के समक्ष, कॉलम (4) में, प्रजिजष्ट के जलए, प्रकाजित प्रजिजष्ट "5%" प्रजतस्ट्थाजपत की िाएगी; 4. 48/2021-सीमा िुल्क, दिनांक 13 अक् तूबर, उि अजधसूचना में, सारणी में, क्रम संख्या 1,2,3,4,5,6 और 2021, सा.का.जन. 733(अ), दिनांक 13 उससे संबंजधत प्रजिजष्टयों का लोप दकया िायेगा; अक् तूबर, 2021, के तहत भारत के रािपत्र, असाधारण, भाग ।।, खंड 3, उप खंड (i) म ें प्रकाजित 5. 49/2021-सीमा िुल्क, दिनांक 13 अक् तूबर, उि अजधसूचना में, सारणी में, क्रम संख्या 1,2,3 और उससे 2021, सा.का.जन. 734(अ), दिनांक 13 संबंजधत प्रजिजष्टयों का लोप दकया िायेगा; अक् तूबर, 2021 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खंड 3, उप खंड (i) म ें प्रकाजित 6. 64/2023-सीमा िुल्क, दिनांक 07 दिसम् बर, उि अजधसूचना में, सारणी में, क्रम संख्या 1 के सामने, कॉलम 2023, सा.का.जन. 884(अ), दिनांक 07 (4) में, िब्ि और अक्षर "31 अिूबर, 2024" के स्ट्थान पर, दिसम् बर, 2023 के तहत भारत के रािपत्र, िब्ि और अक्षर "31 दिसंबर, 2024" को प्रजतस्ट् थाजपत दकया असाधारण, भाग ।।, खंड 3, उप खंड (i) म ें िाएगा; प्रकाजित 2. यह अजधसूचना 14 जसतम्बर, 2024 से लाग ूहोगी । [फा. सं.190354/145/2024-टीआरय]ू अम्रीता टाइटस, उप सजचि नोट: 1. प्रधान अजधसूचना संख् या 27/2011-सीमा िल्ु क, दिनांक 01 माच,ि 2011 को सा.का.जन. 153(अ), दिनांक 01 माच,ि 2011 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खंड 3, उप खंड (i) में प्रकाजित की गई थी और इसमें अंजतम बार अजधसूचना संख्या 37/2024-सीमा िुल्क, दिनांक 23 िलु ाई, 2024 जिसे सा.का.जन. 440(अ), दिनांक 23 िलु ाई, 2024 के तहत प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। 2. प्रधान अजधसूचना संख् या 50/2017-सीमा िल्ु क, दिनांक 30 िनू , 2017 को सा.का.जन. 785(अ), दिनांक 30 िनू , 2017 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खंड 3, उप खंड (i) में प्रकाजित की गई थी और इसमें अंजतम बार अजधसूचना संख्या 41/2024-सीमा िुल्क, दिनांक 31 िलु ाई, 2024 जिसे सा.का.जन. 467 (अ), दिनांक 31 िलु ाई, 2024 के तहत प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। 3. प्रधान अजधसूचना संख्य ा 11/2021-सीमा िुल्क, दिनांक 01 फरिरी, 2021 को सा.का.जन. 69(अ), दिनांक 01 फरिरी, 2021 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खडं 3, उप खडं (i) म ें प्रकाजित की गई थी और इसम ें अंजतम बार अजधसूचना संख्या 32/2024-सीमा िल्ु क, दिनाकं 23 िुलाई, 2024 जिसे सा.का.जन. 435 (अ), दिनांक 23 िुलाई, 2024 के तहत प्रकाजित दकया गया था, के द्वारा सिं ोधन दकया गया था।[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 4. प्रधान अजधसूचना संख् या 48/2021-सीमा िल्ु क, दिनांक 13 अक् तूबर, 2021 को सा.का.जन. 733(अ), दिनांक 13 अक्त ूबर, 2021 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खंड 3, उप खंड (i) म ें प्रकाजित की गई थी और इसमें अंजतम बार अजधसूचना संख्या 24/2024-सीमा िल्ु क, दिनांक 3 मई, 2024 जिसे सा.का.जन. 269 (अ), दिनाकं 3 मई, 2024 के तहत प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। 5. प्रधान अजधसूचना संख् या 49/2021-सीमा िल्ु क, दिनांक 13 अक् तूबर, 2021 को सा.का.जन. 734(अ), दिनांक 13 अक् तूबर, 2021 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खंड 3, उप खंड (i) म ेंप्रकाजित की गई थी और इसम ें अंजतम बार अजधसूचना संख्या 24/2024-सीमा िल्ु क, दिनांक 3 मई, 2024 जिसे सा.का.जन. 269 (अ), दिनांक 3 मई, 2024 के तहत प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। 6. प्रधान अजधसूचना संख् या 64/2023-सीमा िल्ु क, दिनांक 07 दिसम् बर, 2023 को सा.का.जन. 884(अ), दिनांक 07 दिसम् बर, 2023 के तहत भारत के रािपत्र, असाधारण, भाग ।।, खडं 3, उप खंड (i) म ें प्रकाजित की गई थी और इसमें अंजतम बार अजधसूचना संख्या 24/2024-सीमा िल्ु क, दिनांक 03 मई, 2024 जिसे सा.का.जन. 269 (अ), दिनांक 03 मई, 2024 के तहत प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया था। MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 13th September, 2024. No. 43/2024-Customs G.S.R. 573(E).–In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, to the extent specified in the corresponding entries in column (3) of the said Table, namely:- Table S. No. Notification No. Amendments and Date (1) (2) (3) 1. 27/2011-Customs, dated the In the said notification, in the TABLE, against S. No. 1, in 1st March, 2011, published in column (4), for the entry, the entry “20%” shall be substituted; the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 153(E), dated the 1st March, 2011 2. 50/2017-Customs, dated the In the said notification, in the TABLE,- 30th June, 2017, published in i. against S. No. 57, in column (4), for the entry, the entry “20%” the Gazette of India, shall be substituted; Extraordinary, Part II, Section ii. against S. No. 61, in column (4), for the entry, the entry “20%” 3, Sub-section (i), vide shall be substituted; number G.S.R. 785 (E), dated iii. against S. No. 70, in column (4), for the entry, the entry the 30th June, 2017 “20%” shall be substituted; 3. 11/2021-Customs, dated the In the said notification, in the Table, - 1st February, 2021, published i. against S. No. 7, in column (4), for the entry, the entry “5%” in the Gazette of India, shall be substituted; Extraordinary, Part II, Section ii. against S. No. 8, in column (4), for the entry, the entry “5%” 3, Sub-section (i), vide shall be substituted; number G.S.R. 69(E), dated the 1st February, 20214 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] 4. 48/2021-Customs, dated the In the said notification, in the TABLE, S. Nos. 1, 2, 3, 4, 5, 6 and 13th October, 2021, published the entries relating thereto shall be omitted; in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 733(E), dated the 13th October, 2021 5. 49/2021-Customs, dated the In the said notification, in the Table, S. Nos. 1, 2, 3 and the entries 13th October, 2021, published relating thereto shall be omitted; in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 734(E), dated the 13th October, 2021 6. 64/2023-Customs, dated the In the said notification, in the TABLE, against Sl. No. 1, in 07th December, 2023, Column (4), for the words and figures “31st day of October, published in the Gazette of 2024”, the words and figures “31st day of December, 2024” shall India, Extraordinary, Part II, be substituted; Section 3, Sub-section (i), vide number G.S.R. 884(E), dated the 07th December, 2023 2. This notification shall come into force from the 14th day of September, 2024. [F. No. 190354/145/2024-TRU] AMREETA TITUS, Dy. Secy. Note: 1. The principal notification No. 27/2011-Customs, dated the 1st March, 2011, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 153(E), dated the 1st March, 2011, and was last amended vide notification No. 37/2024-Customs, dated the 23rd July, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 440(E), dated the 23rd July, 2024. 2. The principal notification No. 50/2017-Customs, dated the 30th June, 2017, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, and was last amended vide notification No. 41/2024-Customs, dated the 31st July, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 467(E), dated the 31st July, 2024. 3. The principal notification No. 11/2021-Customs, dated the 1st February, 2021, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 69(E), dated the 1st February, 2021, and was last amended vide notification No. 32/2024-Customs, dated the 23rd July, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 435(E), dated the 23rd July, 2024. 4. The principal notification No. 48/2021-Customs, dated the 13th October, 2021, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 733(E), dated the 13th October, 2021, and was last amended vide notification No. 24/2024-Customs, dated the 3rd May, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 269(E), dated the 3rd May, 2024. 5. The principal notification No. 49/2021-Customs, dated the 13th October, 2021, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 734(E), dated the 13th October, 2021, and was last amended vide notification No. 24/2024-Customs, dated the 3rd May, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 269(E), dated the 3rd May, 2024. 6. The principal notification No. 64/2023-Customs, dated the 07th December, 2023, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 884(E), dated the 07th December, 2023, and was last amended vide notification No. 24/2024-Customs, dated the 3rd May, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 269 (E), dated the 3rd May, 2024. 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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