Seeks to amend notification No. 1/2018-Customs (SG), dated the 30th July, 2018 so as to align the tariff item of subject goods with the new tariff items created as per Finance Bill, 2020

Last updated: 04 February 2020

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This notification amends the previous Customs Safeguard Duty notification from 2018. The primary change is to update the tariff item classification for certain goods. Specifically, it adds tariff item 8541 40 12 alongside the existing 8541 40 11 to reflect changes introduced by the Finance Bill of 2020.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 01/2020-Customs (SG)

New Delhi, the 2 nd February, 2020

G.S.R.......(E). – In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, 1975 (51 of 1975), read with rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 01/2018- Customs(SG), dated the 30th July, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 717(E), dated the 30th July, 2018, namely:-

In the said notification, for the words and figures “tariff item 8541 40 11”, wherever they occur, the words and figures “tariff items 8541 40 11 and 8541 40 12” shall be substituted.

[F. No. 334/2/2020-TRU]

(Gaurav Singh)

Deputy Secretary to the Government of India

Note: The principal notification No.01/2018-Customs (SG), dated the 30th July, 2018 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 717(E), dated the 30th July, 2018.

FAQ :

The purpose is to amend the Customs Safeguard Duty notification No. 1/2018-Customs (SG) to align its tariff items with the new ones created by the Finance Bill, 2020.

Notification No. 1/2018-Customs (SG), dated 30th July, 2018, is being amended.

The words and figures 'tariff item 8541 40 11' are being replaced with 'tariff items 8541 40 11 and 8541 40 12'.

This notification, No. 01/2020-Customs (SG), was issued on the 2nd February, 2020.

The amendment is made in exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, 1975, read with rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997.