CBIC amends notification No. 50/2017-Customs, dated 30th June, 2017


Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has issued an amendment to the Customs Notification No. 50/2017, dated 30th June 2017. This update specifically modifies the entries in the table related to S. No. 404. The changes involve substituting the existing chapter headings with a new set: 27, 29, 31, 38, 39, 73, 82, 84, 85, 87, 89, or 90. These amendments are made in the public interest and are effective from 1st November 2022.

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.56/2022-Customs New Delhi, the 1st November, 2022 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 the 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 makes the following further amendments in the no
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FAQ :

The main purpose of this notification is to make further amendments to the principal Customs Notification No. 50/2017, dated 30th June 2017.

The amendment specifically affects the table within Notification No. 50/2017, against S. No. 404.

The new chapter headings being substituted are 27, 29, 31, 38, 39, 73, 82, 84, 85, 87, 89, or 90.

This amendment is effective from 1st November 2022.

This amendment was issued by the Central Government, exercising powers under the Customs Act, 1962 and the Customs Tariff Act, 1975.

 



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