Customs Notification No. 33/2024

Last updated: 29 July 2024

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This notification, issued on 23rd July 2024, amends the existing Customs Notification No. 57/2000. Specifically, it reduces the customs duty rate from 9.35% to 4.35% for items listed under Serial Number 1 in the table. This change is effective from 24th July 2024.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 33/2024-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), 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 notification of the Government of India, Ministry of Finance (Department of Revenue) No. 57/2000-Customs, dated the 8th May, 2000, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 413 (E), dated the 8th May, 2000, namely:-

In the said notification, in the TABLE, against Sl. No. 1, in Column (4), for “9.35%” wherever it occurs, “4.35%” shall be substituted.

2. This notification shall come into force on the 24th day of July, 2024.

[F.No. 334/03/2024-TRU]

(Vikram Vijay Wanere)

Under Secretary

FAQ :

The notification reduces the customs duty rate from 9.35% to 4.35% for a specific item.

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

Customs Notification No. 57/2000-Customs is being amended.

The duty rate of 9.35% is being substituted with 4.35%.

The power is exercised under sub-section (1) of section 25 of the Customs Act, 1962.

Notification No : 33/2024
Source : https://www.indiabudget.gov.in/doc/cen/cus332024.pdf

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