Customs Notification No. 32/2024

Last updated: 27 July 2024

Notice Date : 23 July 2024

Quick Summary

This notification, dated 23rd July 2024, introduces amendments to customs duty rates as per Notification No. 11/2021. Several specific item codes (Sl. No. 15A to 15G) have had their duty rates adjusted. These changes are effective from 24th July 2024.

GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Revenue)Notification No. 32/2024-Customs New Delhi, dated the 23rd July, 2024 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), read with section 124 of the Finance Act, 202

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FAQ :

The purpose of this notification is to make further amendments to the customs duty rates specified in Notification No. 11/2021.

This notification comes into force on the 24th day of July, 2024.

Amendments have been made to the duty rates for items listed against Sl. No. 15A, 15B, 15C, 15D, 15E, 15F, and 15G in the relevant table.

The new duty rates are 1.4% for Sl. No. 15A, 0.35% for Sl. No. 15B, 0.35% for Sl. No. 15C, 1% for Sl. No. 15D, 0.35% for Sl. No. 15E, 1% for Sl. No. 15F, and 1% for Sl. No. 15G.

These changes were made in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, read with section 124 of the Finance Act, 2021.