CBIC issued an amendment in a notification related to the effective rates of customs duty and IGST for goods imported into India

Mar 15, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Central Board of Indirect Taxes and Customs (CBIC) on March 15, 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 amendment has been stated:

• In the Table, for S. No. 526A and the entries relating thereto, the following S. No. and entries has been substituted.

• In the Annexure, after condition number 116 and the entry relating thereto, the condition number 117 and entry has been inserted.

[Notification No. 19/2024-Customs]

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