Ministry of Finance amends previous notifications

Jul 27, 2021 | by Avantis RegTech Legal Research Team

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Finance & Taxation Compliance

The Ministry of Finance (Department of Revenue) on July 26, 2021 has issued a notification to amend the previous customs notifications.

The amended notification are as followed:

• 50/2017- Customs, dated the June 30, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the June 30, 2017, few changes have been made, namely:

 “In the said notification, in the Table- 

(i)Against S. No. 21D, in column (4), for the entry, the entry “Nil” shall be substituted; 

(ii) against S. No. 21F, in column (4), for the entry, the entry “10%” shall be substituted;” 

• 11/2021-Customs, dated the February 01, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 69(E), dated the February 01, 2021, few changes have been made, namely:

“In the said notification, in the Table-against S. No. 5, in column (4), for the entry, the entry “10%” shall be substituted;”

This notification shall come into effect from July 27, 2021

[Notification No. 38/2021- Customs]

 


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