Seeks to further amend notification No. 24/2005-Customs dated 1st March, 2005 so as to clarify the scope of exemption under entry at S. No. 13S of the said notification

Last updated: 01 February 2021

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This notification further amends the Customs Notification No. 24/2005 to clarify the scope of exemptions. Specifically, it updates the entry at S.No. 13S to include "Multiple Input/Multiple Output (MIMO) products" and "Long Term Evolution (LTE) products". This amendment aims to provide clearer guidelines on which products are eligible for customs duty exemption.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 05/2021 – Customs

New Delhi, the 1st February, 2021

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. 24/2005-Customs, dated the 1st March, 2005, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 122(E), dated the 1st March, 2005, namely :-

1. In the said notification, in the TABLE, against S.No. 13S, in column (3), for item (i), the following items shall be substituted, namely: -

“ (i) Multiple Input/Multiple Output (MIMO) products;

(j) Long Term Evolution (LTE) products”.

2. This notification shall come into force on 2nd February, 2021.

[F.No. 334/2/2021-TRU]

(Rajeev Ranjan)

Under Secretary to the Government of India

Note: The principal notification No. 24/2005-Customs, dated the 1st March, 2005 was published in the Gazette of India, Extraordinary, Part II, Section-3, Sub-section (i), vide number G.S.R.122(E), dated the 1st March, 2005 and last amended vide notification No. 06/2020-Customs, dated the 2 nd February, 2020, vide number G.S.R. 66(E), dated the 2 nd February, 2020.

FAQ :

The purpose of this notification is to further amend Notification No. 24/2005-Customs dated 1st March, 2005, to clarify the scope of exemption under entry S.No. 13S.

The notification clarifies that 'Multiple Input/Multiple Output (MIMO) products' and 'Long Term Evolution (LTE) products' are now included under the exemption at S.No. 13S.

This notification shall come into force on 2nd February, 2021.

The original notification being amended is Notification No. 24/2005-Customs, dated the 1st March, 2005.

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Notification No : 05/2021 – Customs
Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-tarr2021/cs05-2021.pdf

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