The Ministry of Finance (MoF) on September 14, 2023, issued a notification regarding the amendment of notification No. 50/2017 after the project import review.
It makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated June 30, 2017
In the said notification, in the Table.
(i)against S. No. 597, in column (3), for the proviso, the following provisos shall be substituted, namely: - “Provided that items (ii) and (iv) shall cease to have effect after 30th September 2023. Provided further that items (i), (iii), and (v) shall cease to have effect after 30th September 2025.”
(ii)against S. No. 598, in column (3), for the figure, “2023”, the figure, “2025” shall be substituted.
(iii)against S. No. 600, in column (3), for the figure, “2023”, the figure, “2025” shall be substituted.
(iv)against S. No. 601, in column (3), for the figure, “2023”, the figure, “2025” shall be substituted.
(v)against S. No. 602, in column (3), for the figure, “2023”, the figure, “2025” shall be substituted.
(vi)against S. No. 603, in column (3), for the figure, “2023”, the figure, “2025” shall be substituted.
This notification shall come into force with immediate effect.
[Notification No. 54/2023-Customs]
