MoF amended an older notification related to

Jul 24, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance The Ministry of Finance (MoF) on July 23, 2024, amended an older notification No. 154/94-Customs, dated July 13, 1994, related to duty-free import of commercial samples.

The following has been stated: -

•In the notification, in the TABLE, against S.No.3, in column 3, in condition (v), in clause (A), in sub-clause (b), for the letters, figures, brackets, and words "Rs.1,00,000 (One lakh)", the letters, figures, brackets, and words "Rs.3,00,000 (Three lakhs)" shall be substituted.

This notification shall come into force on July 24, 2024.

[Notification No. 29/2024-CUSTOMS]

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