The Ministry of Finance (MoF) on February 01, 2025, notified regarding the amendment in the older notification no. 57/2017- Customs, dated June 30, 2017, seeks to prescribe BCD rates on certain electronic goods.
The following has been stated namely: -
• It states that S. No. 5E and the entries relating thereto shall be omitted.
• It states that against S.No. 6A, 6B, and 6Cin column (4), for the entries “2.5 %” occurring at both places, the entry “NIL” shall be substituted.
• It states that against S.No. 6D, in column (2), for the entries, the entry “Any Chapter” shall be substituted.
• It states that against S.No. 7, in column (4), for the entry “2.5%”, the entry “NIL” shall be substituted.
• It states that against S.No. 20, in column (3), for item (g), the following item shall be substituted, namely: - “(g) Packet Transport Node (PTN) products, Multiprotocol Label Switching- Transport Profile (MPLS-TP) products;”.
• This shall come into force on February 02, 2025.
[Notification no. - 10/2025 – Customs]
