Budget 2023 : India-UAE Comprehensive Economic Partnership Agreement

Last updated: 01 February 2023

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This notification from the Indian Ministry of Finance introduces amendments to customs duties related to the India-UAE Comprehensive Economic Partnership Agreement (CEPA). Specifically, it modifies entries under S. No. 12 in Table III of a previous notification. These changes to columns (5) and (6) will take effect from 2nd February 2023.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 08/2023-Customs
New Delhi, dated the 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, 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 in the Ministry of Finance (Department of Revenue), No. 22/2022-Customs, dated the 30th April, 2022, published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i), vide number G.S.R. 328(E), dated the 30th April, 2022, namely :-

In the said notification, in Table III, against S. No. 12, for the entries under columns (5)and (6), the entries, “10” and “4” shall respectively be substituted.

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

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

(Vikram Vijay Wanere)
Under Secretary

Note: - The principal notification No. 22/2022-Customs, dated the 30th April, 2022, published inthe Gazette of India, Extraordinary, Part II, section 3, sub-section (i), vide number G.S.R. 328(E), dated the 30th April, 2022 and was last amended by notification No. 36/2022-Customs, dated the 30th June, 2022, published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i),
vide number G.S.R. 489(E), dated the 30th June, 2022.