Seeks to further amend notification No. 42/1996-Customs,dated 23.07.21996 so as to make suitable amendments to the list of specified projects under heading 9801 of the First Schedule to the Customs Ta

Last updated: 01 February 2021

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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 Ministry of Finance (Department of Revenue), No. 42/96 – Customs, dated the 23rd July, 1996, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 294 (E), dated the 23rd July, 1996, namely.-

In the said notification, after serial number 42 and the project specified against it, the following serial number and the project shall be inserted, namely,- “43. High Speed Rail Projects.”.

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

F. No. 334/02/2021-TRU]

(Rajeev Ranjan)

Under Secretary to the Government of India

Note.- The principal notification No. 42/96 – Customs dated the 23rd July, 1996 was published in the Gazette of India, vide number G.S.R. 294 (E), dated the 23rd July, 1996 and was last amended vide notification No. 21/2016 – Customs, dated the 1 st March, 2016, published vide number G.S.R. 215 (E), dated the 1st March, 2016

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.