In exercise of the powers conferred by sub section 1 of section 25 of the Customs Act


Quick Summary
This notification introduces amendments to the Customs Act, 1962, specifically impacting tariff codes. The changes, made in the public interest, involve inserting new codes (564A, 564B, 564C) after the existing code 564 in the relevant table. These amendments are based on powers derived from the Customs Act and the Finance Act, 2020. The new regulations come into effect on April 1st, 2021.

MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 31st March, 2021
No. 22/2021–Customs


G.S.R. 237(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 141 of the Finance Act, 2020 (12 of 2020), 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. 08/2020-Customs, dated the 2nd February, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 68 (E), dated the 2nd February,
2020, namely:-

In the said notification, in the TABLE, against Sl.No.3, in column (2), after the figures "564", the figures and letters ", 564A, 564B, 564C,", shall be inserted.

2. This notification shall come into force on the 1st day of April, 2021.

[F. No. 354/75/2020–TRU]
RAJEEV RANJAN, Under Secy.

Note : The principal notification No. 08/2020-Customs, dated the 2nd February, 2020 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 68 (E), dated the 2nd February, 2020 and last amended vide notification No. 06/2021 -Customs, dated the 1st day of February, 2021, vide number G.S.R. 64(E), dated the 1st day of February, 2021.

FAQ :

The notification makes further amendments to the Customs Act, 1962, specifically by adding new tariff codes to an existing entry.

These amendments shall come into force on the 1st day of April, 2021.

The figures and letters ', 564A, 564B, 564C,' shall be inserted after the figures '564' in the table of the principal notification.

The amendments are made in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, read with section 141 of the Finance Act, 2020.

The principal notification being amended is No. 08/2020-Customs, dated the 2nd February, 2020.

 

Guest
Notification No : No. 22/2021–Customs
Published in Custom
Source : http://www.egazette.nic.in/WriteReadData/2021/226321.pdf

Comments



CCI Pro