This notification introduces further amendments to the existing Customs Notification No. 42/1996. Specifically, it adds 'High Speed Rail Projects' to the list of specified projects under heading 9801 of the First Schedule to the Customs Tariff Act. These changes are made with regard to the country's economic development and come into effect on 2nd February 2021.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 09/2021-Customs
New Delhi, the 1 st February, 2021
G.S.R. (E).- In exercise of the powers conferred by sub-item (6) specified against heading 9801 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), the Central Government, having regard to the economic development of the country, hereby makes the following further amendments in the notification of the Government of India in the Mi
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FAQ :
The notification seeks to further amend Customs Notification No. 42/1996 by adding 'High Speed Rail Projects' to the list of specified projects under heading 9801.
The notification being amended is Notification No. 42/1996-Customs, dated 23rd July 1996.
High Speed Rail Projects have been added to the list of specified projects.
This notification shall come into force on the 2nd February 2021.
These projects are specified under heading 9801 of the First Schedule to the Customs Tariff Act, 1975.
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-tarr2021/cs09-2021.pdf