CBIC amended an older notification related to the effective rates of customs duty and IGST for goods imported into India

Jan 31, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Central Board of Indirect Taxes & Customs (CBIC) on January 30, 2024, issued a notification to amend Notification No. 50/2017-Customs, dated June 30, 2017, related to the effective rates of customs duty and IGST for goods imported into India.

The following amendments have been stated:

• In the Table, against S. No. 377, in column (3), for the item (ii) and the entries relating thereto, the following has been substituted namely: - 

“(ii) Screw, SIM socket, or other mechanical items of Metal for cellular mobile phone;”

• S. No. 377B and the entries relating thereto have been omitted.

[Notification No. 08/2024-Customs]


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