Budget 2023 : CBIC Amend 32 notifications in order to provide a specific end date for these notifications

Last updated: 01 February 2023

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The Central Government has amended 32 existing Customs notifications as part of Budget 2023. These amendments introduce specific end dates for these notifications, with most now expiring on 31st March 2024. One notification has a different expiry date of 31st March 2023. These changes come into effect from 2nd February 2023.

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 12/2023-Customs Dated: 1st February, 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), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) o

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FAQ :

The main purpose is to amend 32 existing Customs notifications to provide specific end dates for them, aligning with Budget 2023 changes.

These amendments come into effect on the 2nd day of February, 2023.

For most of the amended notifications, the new end date is 31st March 2024.

Yes, Notification No. 48/2017-Customs has been amended to have an end date of 31st March 2023.

These amendments are made in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962.

Notification No : 12/2023-Customs
Source : https://www.indiabudget.gov.in/doc/cen/cus1223.pdf

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