Amend notification No. 27/2011-Customs dated 30th June, 2017 so as to reduce the export duty on crust leather


Quick Summary
This notification amends previous customs rules to reduce the export duty on crust leather. Specifically, it updates the classification and duty rates for various types of tanned hides and skins, including those from bovine, equine, and sheep animals. A new entry, S. No. 25J, has been added for crust leather, assigning it a Nil duty rate. These changes come into effect on 2nd February 2025.

GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Revenue)Notification No. 03/2025-Customs New Delhi, the 1st February, 2025 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 Government, on being satisfied that it
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FAQ :

The main purpose is to amend notification No. 27/2011-Customs to reduce the export duty on crust leather.

The notification affects tanned hides and skins of bovine (including buffalo) or equine animals, tanned skins of sheep or lambs, and tanned hides and skins of other animals, all other than E.I. tanned leather. It also specifically introduces a Nil duty for crust leather.

The export duty rate for crust leather (hides and skins) is now Nil.

This notification comes into force on the 2nd day of February, 2025.

The principal notification being amended is No. 27/2011-Customs, dated the 1st March, 2011.

 

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Notification No : Notification No. 03/2025-Customs
Published in Custom
Source : https://www.indiabudget.gov.in/doc/cen/cus0325.pdf
Attached File : 322600_11427_cus0325.pdf

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