This notification, dated 17th February 2021, amends the principal Customs Notification No. 57/2000. The amendments specifically adjust duty rates within the notification's table. The rate "11.85%" is now replaced with "6.9%", and "11.00%" is substituted with "6.1%". These changes are made in accordance with the powers conferred by the Customs Act, 1962, and are deemed necessary in the public interest.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
New Delhi,
NOTIFICATION No. 17/2021 Customs
Dated: 17th February, 2021
G.S.R. 116(E).- Inexercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the
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FAQ :
The purpose of this notification is to amend the principal Customs Notification No. 57/2000-Customs, dated 8th May 2000, by updating specific customs duty rates.
The duty rate "11.85%" has been replaced with "6.9%", and the duty rate "11.00%" has been substituted with "6.1%".
These amendments are made in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962.
The principal notification No. 57/2000-Customs was originally issued on 8th May 2000.
Yes, the principal notification No. 57/2000-Customs was last amended by notification No. 24/2020-Customs, dated 21st May 2020.
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Notification No : 17/2021 – CustomsPublished in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-tarr2021/cs17-2021.pdf