Budget 2023 : CBIC Amendment in Custom duty Rates on certain electronic items

Last updated: 01 February 2023

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The Central Government has issued amendments to customs duty rates on certain electronic items and components. These changes, effective from February 2nd, 2023, affect various notifications related to the import of specific goods. Key updates include modifications to the import of ferrites, liquid crystal polymer, palladium tetra amine sulphate, and parts for camera modules in mobile phones. Additionally, the battery for electric vehicles is now included under specific customs duty regulations.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification No. 06/2023-Customs

Dated 1^stFebruary, 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 makes further amendments in the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below to the extent specified in the corresponding entry in column (3) of the said Table, namely: –

Sl. No.

Notification number and Date

Amendments

(1)

(2)

(3)

Notification No. 25/1999-Customs, dated the 28th February, 1999, vide number G.S.R. 161(E), dated the 28th February, 1999.

In the said notification, in the TABLE, in LIST A,-

(i) against S. No. 17, in column (4), for the entry, the entry “Ferrites;

Pre-calcined Ferrite Powder.” shall be substituted;

(ii) against S. No. 225, in column (3), for item (vi), the following item shall be substituted, namely: –

“(vi) Liquid crystal polymer (LCP)”;

(iii) after S. No. 225 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:-

“225A.

3824 99 00

Palladium Tetra Amine Sulphate

Parts of Connectors”;

Notification No. 25/2002-Customs, dated the 1st March, 2002, vide number G.S.R. 122(E), dated the 1st March, 2002.

In the said notification, in the TABLE, against S. No. 69, in column (3), after the words “Mobile Hand sets”, the words “or Battery of Electrically Operated Vehicles” shall be inserted;

Notification No. 57/2017-Customs, dated the 30th June, 2017 vide number G.S.R. 798(E), dated the 30th June, 2017.

In the said notification, in the TABLE,

(i) against S. No. 6B, in column (3), for item (a), the following item shall be substituted, namely:-

“(a) Inputs or parts, other than camera lens, for use in manufacture of Camera Module of cellular mobile phones”;

(ii)after S. No. 6B and the entries relating thereto, the following S. No. and entries shall be inserted, namely: –

“6BA.

Any chapter

(a) Camera lens for the use in manufacture of Camera Module of cellular mobile phones (b) Inputs or sub-parts for use in manufacture of Camera lens of Camera Module of cellular mobile phones

Nil

1”.

2. This notification shall come into force on the 2^ndday of February, 2023.

[F. No. 334/03/2023-TRU]

(Vikram Vijay Wanere)

Under Secretary to Government of India

Note:

1. The principal notification No. 25/1999-Customs, dated the 28^thFebruary, 1999 was published in the Gazette of India, Extraordinary, Part II, Section-3, Sub-section (i), vide number G.S.R.161(E), dated the 28^thFebruary, 1999 and was last amended by notification No. 14/2022- Customs, dated the 1^st February, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 88(E), dated the 1^st February, 2022.

2. The principal notification No. 25/2002-Customs, dated the 1^stMarch, 2002 was published in the Gazette of India, Extraordinary, Part II, Section-3, Sub-section (i), vide number G.S.R.122(E), dated the 1^stMarch, 2002 and was last amended by notification No. 15/2022- Customs, dated the 1st February, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 89(E), dated the 1^st February, 2022.

3. The principal notification No.57/2017-Customs, dated the 30^thJune, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 798(E), dated the 30^thJune, 2017 and was last amended by notification No. 15/2022- Customs, dated the 1st February, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 89(E), dated the 1^st February, 2022.

FAQ :

These amendments to the custom duty rates come into force on the 2nd of February, 2023.

Amendments have been made concerning ferrites, pre-calcined ferrite powder, liquid crystal polymer (LCP), palladium tetra amine sulphate, and parts for camera modules used in cellular mobile phones.

Yes, the 'Battery of Electrically Operated Vehicles' has been added to the list of items under Notification No. 25/2002-Customs, impacting its custom duty.

The amendments include changes to inputs or parts (excluding camera lens) for camera modules, and new entries for camera lenses and their sub-parts used in the manufacture of camera modules for cellular mobile phones.

These amendments have been issued by the Central Government through the Ministry of Finance (Department of Revenue).