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

Last updated: 01 February 2021

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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 se

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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.