Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe effective rate of Basic Customs Duty (BCD)


Quick Summary
This notification introduces further amendments to the existing Customs Notification No. 50/2017-Customs, dated 30th June 2017. The changes primarily focus on adjusting the effective rates of Basic Customs Duty (BCD) for various items. Specific entries in the notification's table have been modified, including changes to the description of certain pulses and the duty rates for several serial numbers.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 2/2021-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) and sub-section (12) of section 3 of 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 notification of the Government of India, Ministry of Finance (Department of Revenue), No. 50/2017- Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-

In the said notification, -

I. in the Table, -

(1) against S. No. 20, in column (3), for the entry, the entry “Pulses [other than Peas (Pisum sativum), Tur, Chickpeas, Kabuli Chana, Bengal Gram and Masoor (Lentils)]” shall be substituted;

(2) against S. Nos. 20A, 21A, 21B, 21C, 21D in column (4), for the entry, the entry “10%” shall be substituted;

(3) S. No. 21E and the entries relating thereto shall be omitted; (4) against S. No. 32A, in column

(4), for the entry, the entry “15%” shall be substituted;

(5) against S. No. 32B, in column (4), for the entry, the entry “35%” shall be substituted;

(6) S. No. 44 and the entries relating thereto shall be omitted;

(7) against S. Nos. 57, 61, 70 in column (4), for the entry, the entry “15%” shall be substituted;

(8) after S. No. 104 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -

Please refer to the attached file for full notification.

FAQ :

The purpose of this notification is to further amend Customs Notification No. 50/2017-Customs to prescribe effective rates of Basic Customs Duty (BCD).

For S. No. 20, the entry for 'Pulses' has been amended to exclude Peas (Pisum sativum), Tur, Chickpeas, Kabuli Chana, Bengal Gram, and Masoor (Lentils).

Yes, duty rates have been updated for several serial numbers. For instance, S. Nos. 20A, 21A, 21B, 21C, and 21D now have an entry of '10%', and S. No. 32A has an entry of '15%', while S. No. 32B has an entry of '35%'. Additionally, S. Nos. 57, 61, and 70 now have an entry of '15%'.

Yes, S. No. 21E and its related entries have been omitted from the notification. S. No. 44 and its related entries have also been omitted.

This notification was issued on the 1st February, 2021.

 



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