Seeks to further amend notification No. 57/2017-Customs dated 30th June, 2017 so as to prescribe effective BCD rate on IT/Electronics items

Last updated: 01 February 2021

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This notification introduces amendments to the existing Customs notification 57/2017-Customs, specifically concerning the Basic Customs Duty (BCD) rates for certain IT and electronics items. These changes include the insertion of 'metal shield' and an adjustment to the BCD rate for specific items to 2.5% effective from April 1st, 2021. Additionally, an amendment clarifies that certain provisions will not apply to 'camera lens'.

GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 03/2021 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

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FAQ :

The notification aims to further amend notification No. 57/2017-Customs to prescribe effective Basic Customs Duty (BCD) rates on IT and electronics items.

The changes, specifically the substitution of the BCD rate to '2.5%' for certain items, will take effect from the 1st day of April, 2021.

The amendments affect items listed under S.No. 6A, including the insertion of 'metal shield', and S.No. 6B, with specific provisions not applying to 'camera lens'.

For the affected items under S.No. 6A, the BCD rate will be substituted with '2.5%'.

Yes, the notification states that certain provisions mentioned at items (a) and (b) under S.No. 6B shall not apply to the 'camera lens'.