The Central Board of Indirect Taxes & Customs (CBIC) on February 01, 2025, issued the notification regarding the amendments 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: -
• Against serial number 25C, for the entry in column (3), the following entry shall be substituted, namely: -
“Tanned hides and skins of bovine (including buffalo) or equine animals, other than E.I. tanned leather”
• Against serial number 25D, for the entry in column (3), the following entry shall be substituted, namely: -
“Tanned skins of sheep or lambs, other than E.I. tanned leather”
• Against serial number 25E, for the entry in column (3), the following entry shall be substituted, namely: -
“Tanned hides and skins of other animals, other than E.I. tanned leather”
This shall come into force on February 02, 2025.
[Notification No. 03/2025-Customs]
