Seeks to further amend notification No. 148/1994-Customs dated the 13th July, 1994 to exempt wool, woollen fabrics and apparels received as gifts by the Indian Red Cross Society

Last updated: 04 February 2020

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This notification introduces an amendment to an existing customs notification from 1994. The amendment aims to provide an exemption from customs duty for specific items. These items include wool, woollen fabrics, and apparels that are received as gifts by the Indian Red Cross Society. This change is being made in the public interest.

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 04/2020-Customs New Delhi, the 2 nd February, 2020 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) and sub-section (7) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), 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

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FAQ :

The purpose of this notification is to further amend an existing customs notification to exempt wool, woollen fabrics, and apparels received as gifts by the Indian Red Cross Society from customs duty.

The Indian Red Cross Society will benefit from this customs duty exemption.

The exemption covers wool, woollen fabrics, and apparels that are received as gifts.

The original notification being amended is Notification No. 148/1994-Customs, dated the 13th July, 1994.

This notification has been issued by the Government of India, Ministry of Finance (Department of Revenue).

This notification was issued on the 2nd February, 2020.