CBIC amended notification exempting certain goods under the Customs Tariff Act, 1975

Aug 02, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Finance & Taxation ComplianceThe Central Board of Indirect Taxes and Customs (CBIC) on July 23, 2024, issued the amendment to notification no. 11/2021–Customs, dated February 01, 2021, which specify “exemption of certain goods under the Customs  Tariff  Act,  1975”

The following has been amended namely: -

• Against Sl. No. 15A, in column (4), for the entry , the entry “1.4%” shall be substituted

• Against Sl. No. 15B, in column (4), for the entry , the entry “0.35%” shall be substituted

•Against Sl. No. 15C, in column (4), for the entry , the entry “0.35%” shall be substituted

• Against Sl. No. 15D, in column (4), for the entry , the entry “1%” shall be substituted

• Against Sl. No. 15E, in column (4), for the entry , the entry “0.35%” shall be substituted

• Against Sl. No. 15F, in column (4), for the entry , the entry “1%” shall be substituted

• Against Sl. No. 15G, in column (4), for the entry , the entry “1%” shall be substituted

This shall come into force on July 24, 2024

[Notification No. 32/2024-Customs]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT