Amend No. 49/2021-Customs, dated the 13th October, 2021 to extend the end date to 31st March, 2025

Last updated: 22 December 2023

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This notification amends Customs Notification No. 49/2021, originally dated 13th October 2021. The primary change is the extension of the notification's end date from 31st March 2024 to 31st March 2025. However, a proviso states that this extension does not apply to goods listed under serial numbers 1, 2, and 3 of the Table on or after 1st April 2024.

MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 65/2023-Customs
New Delhi, the 21st December, 2023

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) read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue),No. 49/2021-Customs, dated the 13th October, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 734(E)., dated the 13th October, 2021, namely :-

In the said notification, in paragraph 2, for the figures, letters and word “31st March, 2024”, the figures, letters and words “31st March, 2025. Provided that nothing contained in this notification shall apply to the goods specified against serial numbers 1, 2 and 3 of the Table above on or after the 1st day of April, 2024” shall be substituted.

[F. No. CBIC-190354/249/2023-TO(TRU-I)]

FAQ :

The main purpose is to amend Customs Notification No. 49/2021 and extend its end date.

The original end date was 31st March 2024.

The new end date has been extended to 31st March 2025.

Yes, the extension does not apply to goods specified against serial numbers 1, 2, and 3 of the Table on or after 1st April 2024.

The powers are conferred by sub-section (1) of section 25 of the Customs Act, 1962, read with section 124 of the Finance Act, 2021.

Notification No : 65/2023
Source : https://taxinformation.cbic.gov.in/view-pdf/1009959/ENG/Notifications

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