Budget 2023 : CBIC Extend the validity of 3 notifications up to the 31st March, 2028.


Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has extended the validity period for three specific customs notifications. These notifications, originally issued in 2009 and 2017, will now remain in effect until 31st March 2028. This extension is intended to maintain existing customs provisions and ensure continuity for businesses operating under these regulations. The amendments come into force from 2nd February 2023.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification No. 11/2023-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) and sub-section (12) of section 3 of 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 amends 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: –

Table

S. No. Notification number Amendments
(1) (2) (3)
1. Notification No. 90/2009-Customs, dated the 7th September, 2009 vide number G.S.R. 644 (E), dated the 7th September, 2009. In the said notification, the following paragraph shall be inserted at the end, namely: –

“2. Nothing contained in this notification shall have effect after the 31st March, 2028.”

2. Notification No. 33/2017-Customs, dated the 30th June, 2017 vide number G.S.R. 768 (E), dated the 30th June, 2017. In the said notification, after second proviso, following proviso shall be inserted, namely: –

“Provided also that nothing contained in this notification shall have effect after the 31st March, 2028.”

3. Notification No. 41/2017-Customs, dated the 30th June, 2017 vide number G.S.R. 776(E), dated the 30th June, 2017. In the said notification, after the table, following proviso shall be inserted, namely: –

“Provided that nothing contained in this notification shall have effect after the 31st March, 2028.”

2. This notification shall come into force on the 2nd day of February, 2023.

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

(Nitish Karnatak)
Under Secretary

Note:

1. The principal notification No. 90/2009-Customs, dated the 7th September, 2009 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 644(E), dated the 7th September, 2009 and was last amended vide notification No. 47/2021-Customs, dated the 30th September, 2021 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 709(E), dated the 30th September, 2021.

2. The principal Notification No. 33/2017-Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 768 (E), dated the 30th June, 2017.

3. The principal Notification No. 41/2017-Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 776 (E), dated the 30th June, 2017.

FAQ :

The validity of Notification No. 90/2009-Customs, dated 7th September 2009, Notification No. 33/2017-Customs, dated 30th June 2017, and Notification No. 41/2017-Customs, dated 30th June 2017, have been extended.

These three customs notifications are now valid up to and including the 31st March 2028.

This extension came into force on the 2nd day of February 2023.

The Central Government has extended the validity as it is deemed necessary in the public interest, ensuring continuity of the provisions contained within these notifications.

 
Notification No : 11/2023-Customs
Source : https://www.indiabudget.gov.in/doc/cen/cus1123.pdf



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