MoF amended notification rescinding older notification

Jan 24, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Ministry of Finance (MoF) on January 22, 2024, issued the amendments to the notification no. 11/2018 – Customs dated February 02, 2018, which states “rescind notification No59/99-Customs dated May 11, 1999” which further states “exempting high-speed diesel oil from the levy of additional duty”

The following has been stated namely: -

• After Sl. No 54 and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely:

“54A Spent catalyst and ash containing precious metals, falling under heading 7112, covered under S. No. 364 A of the Table appended to the notification 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, vide number G.S.R. 785(E), dated the 30th June, 2017.”

• After Sl. No 56 and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely:

“56A Coins of precious metals, falling under heading 7118”

 

[Notification No. 04/2024 – Customs]


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