Amend notification No. 50/2017-Customs dated the 30th June, 2017 so as to notify BCD related changes

Last updated: 01 February 2025

Notice Date : 01 February 2025

Quick Summary

This notification announces amendments to Customs Notification No. 50/2017, originally dated 30th June 2017. These changes specifically relate to Basic Customs Duty (BCD). The amendments are made by the Central Government under the powers granted by the Customs Act, 1962, and the Customs Tariff Act, 1975, deeming them necessary in the public interest. The official circular detailing these changes is attached.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 05/2025-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) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), 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, Ministry of Finance(Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India,Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017,namely:-

Official copy of the circular has been attached

FAQ :

The purpose of this notification is to amend Customs Notification No. 50/2017-Customs dated 30th June 2017, specifically to notify changes related to Basic Customs Duty (BCD).

Notification No. 50/2017-Customs, dated the 30th June, 2017, is being amended.

The changes are related to Basic Customs Duty (BCD).

The amendments are made by the Central Government in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, and sub-section (12) of section 3 of the Customs Tariff Act, 1975.

Yes, the official copy of the circular has been attached to this notification.