MoF amended notification on the Exemptions of Customs duty on certain goods

Oct 23, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Ministry of Finance (MoF) on October 22, 2024, issued the notification regarding the amendment to notification No. 27/2011-Customs, dated March 01, 2011 which states “Exemptions of Customs duty on goods falling within the second schedule of Customs Tariff Act, 1975”

The following has been stated namely: -

• In the TABLE the following amendments were made namely: -

o Against S. No. 6A., in column (4), for the entry, the entry “nil” shall be substituted;

o Against S. No. 6B., in column (4), for the entry, the entry “nil” shall be substituted;

o Against S. No. 6C., in column (4), for the entry, the entry “nil” shall be substituted.

The following shall come into force on October 22, 2024.

[Notification No. 46/2024-Customs]


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