This notification further amends the existing customs rules regarding military equipment. It extends the exemption from Basic Customs Duty (BCD) and Integrated Goods and Services Tax (IGST). The amendment broadens the scope of entities eligible to receive this exemption, now including Defence Public Sector Units and other Public Sector Units for defence forces.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 03/2020-Customs
New Delhi, the 2nd February, 2020
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Gover
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FAQ :
This notification further amends notification No. 19/2019-Customs, dated 6th July 2019.
The exemption being extended is from Basic Customs Duty (BCD) and Integrated Goods and Services Tax (IGST) on specified military equipment.
The exemption now includes Defence Public Sector Units and other Public Sector Units for the defence forces, in addition to the Ministry of Defence or the Defence forces.
This notification is dated 2nd February, 2020.
The original notification being amended is No. 19/2019-Customs, dated 6th July 2019.
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Notification No : 03/2020-CustomsPublished in Custom