Customs Act Amendment Notification 2023


Quick Summary
The Ministry of Finance, through the Central Board of Indirect Taxes & Customs, has issued an amendment to the Customs Act, 1962. This notification introduces updated versions of TABLE-1, TABLE-2, and TABLE-3, replacing those previously established in the August 2001 notification. The changes are effective from October 31, 2023.

MINISTRY OF FINANCE
(Department of Revenue)

(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
NOTIFICATION
New Delhi, the 31st October, 2023
No. 79/2023-CUSTOMS (N.T.)

S.O. 4752(E).—In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-

In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the following Tables shall be substituted, namely: -

For full notification please refer to the attachment    

FAQ :

The notification amends the Customs Act, 1962, by substituting new tables for TABLE-1, TABLE-2, and TABLE-3.

This amendment was issued by the Central Board of Indirect Taxes & Customs, under the Ministry of Finance (Department of Revenue).

The amendment was made on the 31st of October, 2023.

The notification specifically amends TABLE-1, TABLE-2, and TABLE-3 of a previous notification dated 3rd August, 2001.

For the full notification details, please refer to the attachment mentioned in the original document.

 
Notification No : 79/2023
Source : https://egazette.gov.in/(S(22nbo20s0mx2knrus0l3h1fy))/ViewPDF.aspx
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